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Senators Reach Agreement to Avert Fight Over Filibuster

By JONATHAN WEISMAN, NYT

WASHINGTON — Senate leaders reached a deal on Tuesday morning to preserve the filibuster in exchange for Senate confirmation of President Obama’s long-sought first director of the Consumer Financial Protection Bureau, as well as other stalled nominees.

The Senate then voted 71-to-29 to begin debate on the nomination of Richard Cordray, the acting director of the consumer bureau, which could last for up to eight hours before a final vote in which he would need only 51 supporters for approval.

Under the deal, struck during late night talks mainly between Senators Charles E. Schumer, Democrat of New York, and John McCain, Republican of Arizona, the Senate allowed a vote on the nomination of Mr. Cordray, but put aside two nominees for the National Labor Relations Board who the president appointed during a Senate recess, Richard Griffin and Sharon Block. But organized labor would be allowed to recommend their replacement nominees, who would be confirmed before the end of the month.

The other contested nominees would all be allowed to proceed. They are the current N.L.R.B. chairman, Mark Gaston Pearce; Mr. Obama's choice for secretary of labor, Thomas E. Perez; his selection for administrator of the Environmental Protection Agency, Gina McCarthy; and the president of the Export-Import Bank, Fred P. Hochberg.

(More here.)

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