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PolitickerNY reports:

According to reports out of Washington today, President Barack Obama is planning to bypass the Senate and appoint Richard Cordray to new Consumer Financial Protection Agency.

Many Republicans not only do not want to see Mr. Cordray appointed–especially during a recess appointment–they do even think that the agency should exist at all.

Count among those Staten Island Congressman Michael Grimm.

“President Obama’s announcement to make a sham recess appointment for Richard Cordray to head the controversial CFPB shows his complete disregard for the checks and balances established by the U.S. Constitution,” the freshman lawmaker said in a statement. “Knowing he lacks the support from Senate Republicans to confirm Corday, he has changed the rules in his favor and sets a dangerous precedent that will give him carte blanche to appoint whomever he pleases, whenever he pleases.”

Republican leaders have vowed to block the appointment through the courts. Democrats have said that President Obama was forced to go this route after Republicans had blocked the appointment during the regular course of the legislative session. The agency was created in the wake of the financial collapse and as part of the Dodd-Frank financial regulatory reforms. Republicans also blocked Mr. Obama’s original choice for the job, Elizabeth Warren, who gave up fighting for her appointment and decided to run for the Senate against Scott Brown.

“This maneuver once again demonstrates his outright refusal to work with the Congress and his complete disrespect for the law of the land,” added Mr. Grimm. “Circumventing well-established procedures certainly goes against the vision laid out by our founding fathers. This appointment is no doubt a product of his arrogance and indicative of his utter disregard for the traditions and values we hold dear as citizens of this great nation.”

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