New CFPB Chief Out of the Gate

Finally, a recess appointment when we need one most. ABC News reports on Cordray's agenda-defining speech:

“Consumers deserve to have someone who will stand on their side, who will protect them against fraud, and who will ensure that they are treated fairly in the financial marketplace,” he said. “The new consumer bureau was created to make sure these things are achieved for all Americans.”

 Let's have some more recess appointments. I think they're spelled out in the U.S. Constitution, and I don't think all of Congress is in session when one chamber (the Senate) has adjourned and left the building.