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Yes, that is the point!
The GOP and its Wall Street masters do not want a Consumer Protection Agency, and want to use the GOP congress to gut the agency's powers before it even gets started. The structure of the Consumer Protection Agency is deliberatly modeled on the FTC, in order to prevent the pay to play boys in Congress from interfering with the agency over every issue that K Street is paid to fight.
This is going to court. And since there is no regulation, provision or Constitutional requirement for any waiting period at all for a recess appointment, I expect the plaintiffs to lose.
The GOP and its Wall Street masters do not want a Consumer Protection Agency, and want to use the GOP congress to gut the agency's powers before it even gets started. The structure of the Consumer Protection Agency is deliberatly modeled on the FTC, in order to prevent the pay to play boys in Congress from interfering with the agency over every issue that K Street is paid to fight.
This is going to court. And since there is no regulation, provision or Constitutional requirement for any waiting period at all for a recess appointment, I expect the plaintiffs to lose.