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Part 3
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Then finally we look into the looming showdown in the Senate where tomorrow, if the 43 Republican senators block the nomination of Richard Cordray to head up the new Consumer Financial Protection Bureau as they have threatened, Majority Leader Harry Reid will change the Senate rules to allow a simple majority vote on non-lifetime appointment to the executive branch. Micah Hauptman, the Financial Policy Counsel at Public Citizen, joins us to discuss why Republican Senators are determined to neutralize the new bureau that protects citizens from the same kind of bank fraud that caused the 2008 crash.
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