In a brief appearance before reporters, Cordray said he's eager to get to work as director of the new agency created as part of the Dodd-Frank Wall Street financial reform bill. 'We're gonna begin working to expand our [watchdog] program to non-banks, which is an area we haven't been able to touch up until now,' he said before White House press secretary Jay Carney pulled him away." Politico added, "Besides anger at Obama's power move, Senate Republicans' reactions included attacks on the CFPB's strong-director format, which they think puts too much power in the hands of a single unelected official at the expense of business."