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U.S. President Barack Obama waves with Richard Cordray (R) after announcing that he has appointed Cordray to head the Consumer Financial Protection Bureau during a trip to Cleveland, Ohio January 4, 2012
Thursday, Jan. 05, 2012

Open quoteI refuse to take no for an answer.Close quote

  • PRESIDENT OBAMA,
  • naming Richard Cordray, a former attorney general of Ohio, the first director of the Consumer Financial Protection Bureau; Obama gave up on hopes for a confirmation vote in the Senate due to GOP opposition
Photo: Kevin Lamarque / Reuters | Source: AP