Sen. Rob Portman (R-Ohio) is considering breaking ranks with his party by voting to confirm Richard Cordray as the first director of the Consumer Financial Protection Bureau.
Portman has been under pressure from fellow Ohio Sen. Sherrod Brown (D) to vote in favor of Cordray, according to BigGovernment.com.
Cordray, a former attorney general from Ohio, is currently serving as a special adviser at the bureau. His nomination was recently approved in a Senate Banking Committee markup on a party line vote but he now faces a filibuster on the Senate floor.
Republicans are adamant about restructuring the bureau and have vowed to block any nomination for director until the director position is replaced with a board.
Portman’s position on the confirmation, however, is wavering, BigGovernment.com reports.
According to ToledoBlade.com, Portman aligned himself with Senate Republicans, vowing to block a nomination but his position on the confirmation now appears to be wavering.
Sources on Capitol Hill said that Portman has told Cordray that he has no problems with his nomination and has guaranteed his support as long as Cordray provides a letter that addresses any of his concerns with the bureau, according to BigGovernment.com.
“I fully expect Rob Portman to support Rich Cordray,” Brown said, ToledoBlade.com reports.