update: March 14 Ed FitzGerald is speaking at noon Thursday (March 14) at the Lucas County Democratic Party Annual Jigg's Dinner luncheon in The Greek Orthodox Churc, 840 Superior St. Donation is $15.
The day after Cuyahoga County Executive Ed FitzGerald announced formation of a gubernatorial campaign committee his potential rival for the Democratic nomination, Richard Cordray, will take center stage in Washington.
Cordray will be introduced at a hearing on his nomination to head the Consumer Financial Protection Bureau by Sen. Sherrod Brown (D., Ohio) at 10 a.m. The hearing will be livestreamed and can be watched at http://banking.senate.gov.
Brown chairs the Committee’s panel on Financial Institutions and Consumer Protection which oversees the new consumer bureau championed by President Obama.
Republicans object that the new bureau director has too much power and are opposing Cordray's nomination.
Brown's staff says that the Senate Historian has determined that Republican objection to Cordray in 2011 was the first time in history that the minority party pledged to block a nominee simply because it opposed an agency’s very existence.
Cordray status as director is preventing him from engaging in even the slightest political activity. For example, he did not attend a welcome reception for Ohio Democrats in Washington during Inauguration weekend in January because of its political overtones - even though three other possible candidates for the nomination were there (FitzGerald, former Congressman Betty Sutton and Congressman Tim Ryan).
A federal appeals court ruled that Obama violated the Constitution when he made recess appointments to the National Labor Relations Board - the same process in which Cordray was appointed.
Cordray's appointment will expire if the Senate does not confirm him by the end of the year.
He was Ohio's attorney general from January, 2009, to January, 2011, and before that was Ohio Treasurer of State and Franklin County treasurer.
Here's more about Richard Cordray, courtesy of the Brown office:
As Attorney General, Cordray recovered more than $2 billion for Ohio’s retirees, investors and business owners and took major steps to help protect its consumers from fraudulent foreclosures and financial predators. Prior to his tenure as Ohio’s Attorney General, Cordray spent two years as Ohio’s State Treasurer and four as the Treasurer of Franklin County, Ohio. In 2008, he received a Financial Services Champion award from the U.S. Small Business Administration and a Government Service Award from NeighborWorks America. In 2005, he was named “County Leader of the Year” by American City & County Magazine.
Earlier in his career, Cordray was an adjunct professor at the Ohio State University College of Law (1989-2002), served as a State Representative for the 33rd Ohio House District (1991-1993), was the first Solicitor General in Ohio’s history (1993-1994), and was a sole practitioner and of counsel to Kirkland & Ellis (1995-2007). Cordray has argued seven cases before the United States Supreme Court, including by special appointment of both the Clinton and Bush Justice Departments. Cordray is a graduate of Michigan State University, Oxford University, and the University of Chicago Law School. He was editor-in-chief of the University of Chicago Law Review and later clerked for U.S. Supreme Court Justices Byron White and Anthony Kennedy.