All three vacancies on the labor board had been open for months before Obama acted to fill them.<quoted text>
Republican House of Representative approval rating at 9%.
President Obama approval rating 53%
Sen. Tom Harkin, D-Iowa called the ruling "a radical departure from precedent" and argued that Obama had no choice but to act.
"Throughout his presidency, Republicans have employed unprecedented partisan delay tactics and filibusters to prevent confirmation of nominees to lead the NLRB, thus crippling the board's legal authority to act," Harkin said.
If Obama's recess appointment of Cordray to the newly created consumer board is eventually ruled invalid, it could nullify all the regulations the consumer board has issued, many of which affect the mortgage business.
(This is a direct result of lobbying by banks)