Obama to visit new consumer agency

AP News
Posted: Jan 06, 2012 8:47 AM
Obama to visit new consumer agency

President Barack Obama plans to visit the offices of the new Consumer Financial Protection Bureau on Friday and meet with the staff.

His visit comes just two days after appointing Richard Cordray to lead the watchdog agency, using a Senate recess to circumvent Republican opposition.

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Later, the president will have lunch at a Washington restaurant with winners of a campaign contest.