US President Barack Obama greets guests after speaking about the economy at Shaker Heights High School in Shaker Heights, Ohio, a suburb of Cleveland, on January 4, 2012. Obama plans to appoint Richard Cordray as acting head of the Consumer Financial Protection Bureau in a recess appointment, bypassing Congress and setting up a bitter election-year legal showdown with Republicans. AFP PHOTO / Saul LOEB (Photo credit should read SAUL LOEB/AFP/Getty Images)