So says The Hill. Of course, that doesn't mean the Republicans will allow the full Senate to vote on the nomination. As for the merits of his nomination (not that that matters to the Republicans), The Hill states:
There really haven't been any questions about Cordray's ability to do the job. In fact, he's gotten decent reviews from banks and credit unions in how he is proceeding with the burdensome task of rule-making, especially under the Dodd-Frank financial reform law.