Senate vote clears way for Cordray confirmation

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The U.S. Senate is expected to confirm Richard Cordray as director of the Consumer Financial Protection Bureau Tuesday afternoon following a vote that effectively ended a two-year battle by Republicans to block the confirmation, the Washington Post reported.

Senators voted 71-29 to move forward with Cordray’s nomination as part of a deal to avert Democrats’ move to change Senate rules regarding filibusters of presidential appointees to federal agencies.

Source: Washington Post