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From the White House – Weekly Address
In this week’s address, President Obama discusses the Senate’s confirmation of Rich Cordray as Director of the Consumer Financial Protection Bureau. The CFPB is an independent watchdog set up to protect families from irresponsible behavior in the financial sector – one that puts mortgage lenders, student lenders, payday lenders, and credit reporting and debt collection agencies under greater scrutiny, while providing the American people a place to get some measure of justice if they don’t play by the rules.

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Today, votes on the confirmation of 7 of President Obama’s executive nominees will take place in the Senate.
Update: Cloture vote expected at 11am Eastern
Update 2: Cordray nomination advances. Senate to vote on other nominees now.
Update 3: Other nominees to be voted on “next week or the week after”, per Harry Reid
Update 4 (7-17): Richard Cordray confirmed and sworn in. President Obama spoke from the White House this morning (White House live stream)Senator Elizabeth Warren (D-MA) was in the audience.
THIS is a BHD:
Update 5 (7/17): Tom Perez nomination for Labor advances on a vote of 60-40.
Senate Majority Leader Harry Reid (D-NV), has told the Republican minority that if they attempt to block the vote on these confirmations, he will change the Senate rules to only require 51 votes to end cloture on executive nominations.


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From the White House – Weekly Address
President Obama discusses how a large, bipartisan majority in the Senate voted to pass comprehensive immigration reform, which would add a big boost to our economy, strengthen Social Security, and modernize our legal immigration system to make it more consistent with our value. He calls on Congress to pass this commonsense bill quickly so that we can fix our broken immigration system and keep America strong for years to come.

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