President Obama isn't backing down after Senate Republicans on Thursday blocked his nominee from becoming the first director of the Consumer Financial Protection Bureau.
"I just want to send a message to the Senate: We are not giving up on this," said Mr. Obama, lashing out against Republicans at a press conference shortly after the vote. "We're going to keep on going at it. We are not going to allow politics as usual on Capitol Hill to stand in the way of American consumers being protected by unscrupulous financial operators. And we’re going to keep on pushing on this issue."
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