Of course, the time to debate the structure of the CFPB was back in 2010, when the Consumer Protection Act came up for debate. At the time, many senators vigorously opposed the act, but they lost. When the debate ended and votes were counted, the act passed and the president signed it into law. That's how democracy works. So whether they think the CFPB is a bad idea is irrelevant; the CFPB is no longer an idea. It is an up-and-running government agency. And, like any agency, it needs a leader — someone who can make tough decisions, provide vision and be accountable for the agency's performance. (Ideally, that someone would be balanced, fair-minded and have great personal integrity, like Richard Cordray.) Voting against Mr. Cordray does not makes the CFPB cease to exist; it only prevents it from benefiting from his leadership.