Dodd-Frank Financial Overhaul Law: Vacant Positions .. Office of the Comptroller of the Currency and Federal Deposit Insurance Corp. ...

Just a guess .. but shouldn't these positions be filled before a major influx of cash hits the banks ... kel

1. Link ..Office of the comptroller of the currency

And..

2. The FDIC - An agency that gained significant powers over the nation's biggest banks under Dodd-Frank financial overhaul law .. Link .. Federal Deposit Insurance Corp

December 19, 2011

Positions that need to be filled and Stalled in the Senate:

_Agency appointments deferred
_Consumer Financial Protection Bureau
_Federal Deposit Insurance Corp.
_Office of the Comptroller of the Currency

The stalemate over the consumer bureau has prevented the Senate from approving nominees to two banking regulatory agencies: the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency.

The three nominees—Martin Gruenberg, Thomas Hoenig and Thomas Curry—would be charged with implementing last year's Dodd-Frank financial-overhaul law, which imposes a raft of restrictions on the financial industry and is opposed by some Republicans. The three are expected to take a tough line on the nation's largest banks.
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December 19, 2011

GOP Keeps Appointments on Hold

Senate Republicans are taking steps to try to block President Barack Obama from using his power to make appointments while lawmakers are away for the holidays. But the president could hold a trump card or two.

Senate Minority Leader Mitch McConnell took the first shot on Saturday, saying he would allow Senate votes on Obama nominees only if the president dropped the idea of using his recess appointment powers.

Continues ...read more ..

Republicans also moved to keep the Senate technically in session through late January, when senators plan to return to Washington, the same tactic they used during a break in May.

The main target has been former Ohio Attorney General Richard Cordray, the president's pick to head the new—and contentious—Consumer Financial Protection Bureau. Republicans don't want to confirm a director until changes are made to the bureau's structure.

The White House was undeterred on Sunday. "Without a confirmed director the bureau can't exercise its full ability to protect consumers, which is why the president will keep fighting for Cordray and against Republican attempts to weaken these important consumer protections," White House spokeswoman Amy Brundage said.

The response fueled speculation that Mr. Obama will override the lawmakers' maneuvers with moves that undoubtedly would provoke protests from Republicans at a time when partisan tensions in Washington are already high.

Even if the Senate remains in "pro forma" session, legal experts say Mr. Obama could install his nominees after the Senate goes home and before any placeholder session convenes. Or he could wait until Jan. 3—just before the new congressional session formally starts.

In 1903, in a split-second between two congressional sessions, President Theodore Roosevelt made more than 100 recess appointments.

Stalled in the Senate:

_Agency appointments deferred
_Consumer Financial Protection Bureau
_Federal Deposit Insurance Corp.
_Office of the Comptroller of the Currency

Since any appointments during the "pro forma" sessions would likely provoke a legal challenge, legal experts say Mr. Obama's best shot might be on Jan. 3, when the Constitution requires the current congressional session to end.

Another option appears more theoretical than practical. The Constitution's Article II, which establishes the executive branch, says the president "may adjourn" the House and Senate "as he shall think proper." No president has ever taken that step, congressional experts said.

Mr. Obama has made 28 recess appointments but none over the past year even as several nominees to top positions stalled in the Senate.

The stalemate over the consumer bureau has prevented the Senate from approving nominees to two banking regulatory agencies: the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency.

The three nominees—Martin Gruenberg, Thomas Hoenig and Thomas Curry—would be charged with implementing last year's Dodd-Frank financial-overhaul law, which imposes a raft of restrictions on the financial industry and is opposed by some Republicans. The three are expected to take a tough line on the nation's largest banks.

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