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Statement by Mitt Romney: Cordray Recess Appointment Represents Chicago-Style Politics at Its Worst

January 04, 2012

Mitt Romney today made the following statement on President Obama's recess appointment of Richard Cordray to be director of the Consumer Financial Protection Bureau:

"President Obama's Consumer Financial Protection Bureau is perhaps the most powerful and unaccountable bureaucracy in the history of our nation, headed by a powerful and unaccountable bureaucrat with unprecedented authority over the economy. Instead of working with Congress to fix the flaws in this new bureaucracy, the President is declaring that he 'refuses to take no for an answer' and circumventing Congress to appoint a new administrator. This action represents Chicago-style politics at its worst and is precisely what then-Senator Obama claimed would be 'the wrong thing to do.' Sadly, instead of focusing on economic growth, he is once again focusing on creating more regulation, more government, and more Washington gridlock. As President, I will focus on turning around our economy so that America can once again lead the world in job creation."

Mitt Romney, Statement by Mitt Romney: Cordray Recess Appointment Represents Chicago-Style Politics at Its Worst Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/299860

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