WASHINGTON — Sen. Bob Corker, R-Tenn., released a statement Monday downplaying an earlier media report that suggested the lawmaker is "angling to broker a compromise" with President Obama over the confirmation of Richard Cordray as director of the Consumer Financial Protection Bureau.

The GOP renewed its push for several key changes at the consumer agency, including replacing the single director with a five-person commission, subjecting the bureau to the appropriations process, and giving other regulators more power to overrule its decisions, in the wake of a controversial court ruling last month that called into question the validity Cordray's recess appointment last year. Obama re-nominated Cordray to the position ahead of the court decision.

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