If you wanted an indication that Scott Brown was in any way nervous about his impending re-election matchup against Elizabeth Warren next year, check out this – he has now officially endorsed Richard Cordray to run the Consumer Financial Protection Bureau, the agency that was the brainchild of his future opponent.
The decision is a break from Republican leaders, GOP candidates for president, and rank-and-file members, who have denounced both the structure of the bureau and the overarching Dodd-Frank regime of government regulations on Wall Street. Early in the summer, 44 Republicans vowed to filibuster the nomination of any director unless the new bureau is overhauled and Congress is granted more oversight. Last week, Nevada Senator Dean Heller added his name to the list.
Brown, who bucked his party in supporting the Dodd-Frank laws in 2010, was one of two Republicans who did not sign the letter.
“The senator supports the Cordray nomination and believes it deserves an up or down vote on the Senate floor,” spokesman John Donnelly said yesterday.
Obviously, this gets Cordray no closer to actually being confirmed by the Senate. He’s still six votes away if all Democrats support him. The fact that Heller found no problem with joining his colleagues, despite his own tough re-election fight against Shelley Berkley, suggests that it’s more of an election issue when you’re up against the woman who invented the CFPB. So it’s not a policy breakthrough. Even if you got Lisa Murkowski, who also didn’t sign the letter, and the Maine twins, who did, you’d end up three votes shy.
Politically, it means that Brown is running scared, and can probably be flipped on virtually every issue from now until next November. Instead of a Democrat trying to be Republican lite, the intensity of feeling over Warren has led Brown, a Republican, to become a Democrat-lite. This will depress his base while not dampening any enthusiasm for Warren. It’s a sign of weakness.
It won’t stop Warren from calling him out, either. This week, Brown will be feted at a fundraiser that will feature bank lobbyists and Richard Shelby, the ringleader in trying to gut the CFPB. Warren statement references this:
“She’s made clear Richard Cordray’s leadership will help hold Wall Street and big banks accountable and protect families from unscrupulous lending,” the campaign said in a statement, also pointing out that Shelby would be joining banking lobbyists at a fund-raiser in Washington for Brown. “Elizabeth hopes that Brown uses the opportunity to push for real change in Washington by convincing Shelby and his other allies to stop blocking the nomination.”
Scott Brown is on the run.




15 Comments

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Elizabeth Warren’s main opponent is Obama not Scott Brown. If not for Obama, Warren would beat Brown like a drum. But with Obama cutting off real Democrats at the knees, Warren will be put to the test.
I agree that Obama is Warren’s greatest challenge, and hope that she will soon clearly distance herself from his policies, including his foreign policies and the sexing-up of the “reasons” to attack Iran … That “distancing” will be the precise measure of Warren’s real grasp of the plight of the American people and her intent with regard to finding a common and sustainable solution to deliberate economic destruction and mindless hegemonic brinkmanship, wbgonne, in my opinion.
DW
And she needs to be blunt about how supportive Obama was for her appointment to the CFPB.
Boxturtle (Suggested opening: Obama left me to twist in the wind with his knife in my back…)
wbg & DWB,
Isn’t it a question of money? If Warren can independently finance, then she has a chance.
I’m also thinking of all the other ways the Ds will exert pressure on her. Politics is a dirty, dangerous business, & becoming moreso every day.
Absolutely, true, BoxTurtle, and if honesty is to prevail, necessary to SAY, as well.
DW
I can but agree, eCAHN. On every particular.
DW
Scott Brown = Warren Lite?
I see your point, but I would submit that Karl Rove is Warren’s primary opponent, and his shit is off the radar. What’s on the radar (so far) is this.
Reminds me of the scene in Godfather I when Kay says to Michael, “Senators don’t have people killed!” Michael replies, “Now who’s being naive?”
Yup.
I know two people who think LBJ was involved in the JFK assassination.
On edit: Neither is a kook, and both have good and diff reasons for thinking so.
No. She has the Democratic base.
Warren’s biggest problem is convincing independents to vote for her. Recent polling shows among independents she is trailing Brown 48/29.
http://www.cbsnews.com/8301-505245_162-57324885/elizabeth-warren-fires-up-liberal-base-in-mass/
It’s amazing what people will do when they’re scared for their own jobs. Be afraid, Mr Brown. Be very afraid. THE WHOLE WORLD IS WATCHING. And…it’s on to you. A day late and a dollar short, as with most puffed up fools. I love this.
To amplify, I think Warren can handle Rove and the Cons. She is doing fine on money so far. She is plenty tough and MA voters are not in a bullshit-freindly mood, especially when it comes to Wall Street. However, Obama confounds Warren’s efforts on this core issue because the Obama WH is Team Wall Street. I’m not even sure where Warren is on issues other than Wall Street, but that one issue coupled with the Democratic power in MA should be plenty. As uncomfortable as Obama makes Warren, Brown has the IMPOSSIBLE task of rallying MA voters to the insane national GOP. I think Warren wins, perhaps comfortably, but I would LIKE to see her pressed on where she stands in contrast to Obama. This time I want to KNOW what I’m getting, not hope for the best.
FUCKING O-bought-ma!!!!!!!
I say Yes, you’re right that she can handle Rove and the Cons. Yes, her real enemy is the Wall Street benefactor disguised as a democratic president. (But she DOES know that, just can’t say so now.) And yes, she is doing well against incredible odds.
But NO, her election is no where near being in the bag. This is a bare fist street brawl and she is a real underdog in so many ways.
I do hope you are right and I’m sure you would be comfortable to know her stands if she can ever get off the slime thrown on her.
I might feel more confident if I lived in Western or Eastern MA but I live in Central MA, where the 1% wannabees live and Brown is the overwhelming favorite.