Times's "Deal Professor" Davidoff: "To Buttress Consumer Bureau, a Compromise"

Here.  The compromise: a self-financed commission, as opposed to a director.  An interesting excerpt about Cordray:

Mr. Cordray is a solid nominee for consumer advocates. As attorney general of Ohio, he brought a number of consumer protection suits — which his Republican successor, Mike DeWine, is continuing. This is a bipartisan endorsement if there ever was one. And for those who say Ms. Warren or no one, I suspect Mr. Cordray will not be much different from Ms. Warren.

If the confirmation of Mr. Cordray is the goal, then a compromise with the Republicans is probably the best for the bureau as well as Mr. Cordray’s own chances. The trick is to get such a compromise in the current mess that is Washington.

Meanwhile, WaPo reports Raj Date to replace Elizabeth Warren at consumer bureau

---

http://www.washingtonpost.com/business/economy/raj-date-to-replace-elizabeth-warren-at-consumer-bureau/2011/07/26/gIQAHAvvbI_story.html?hpid=z12