President Barack Obama will announce from Shaker Heights today that he is using his power to bypass the Senate and installing former Ohio Attorney General Richard Cordray as director of the Consumer Finance Protection Bureau.
News of the move, coming while Congress is on its winter break, immediately outraged Republicans. Reince Priebus, chairman of the Republican National Committee, called it "outrageous," "crazy," and "unreal."
House Speaker John Boehner, a Republican from southwest Ohio, called it "an extraordinary and entirely unprecedented power grab by President Obama that defies centuries of practice and the legal advice of his own Justice Department."
Boehner said Obama's action risks a precedent that would have "a devastating effect on the checks and balances that are enshrined in our constitution."
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