December 8, 2011

Sen. Collins helps block consumer-protection nominee

Staff Report

WASHINGTON — Maine Sen. Susan Collins helped block the nomination this morning of Richard Cordray to be the director of a new consumer-protection bureau.

Collins voted "no" and fellow Maine Sen. Olympia Snowe voted "present." Many Republicans think the Consumer FInancial Protection Bureau is too strong and have vowed not to vote for a new director until they can reduce its power.

For more information on today's vote, check out our Maine on the Hill blog, run by MaineToday Media's Washington bureau chief Jonathan Riskind.

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