Richard Cordray Cfpb

Watchdog To 'Stop Discrimination In Its Tracks'

Reuters | Posted 04.19.2012

Read More: Richard Cordray, Gender Discrimination, Discriminatory Lending, Consumer Watchdog, Reuters, Cfpb, Discrimination, Richard Cordray Cfpb, Cfpb Discriminatory Lending, Racial Discrimination, Money News

By Dave Clarke WASHINGTON, April 18 (Reuters) - The new U.S. consumer financial watchdog said on Wednesday it will aggressively pursue...

Read Whole Story

GOP Boycott Of Consumer Finance Watchdog Fizzles

HuffingtonPost.com | Michael McAuliff | Posted 01.31.2012

Read More: Richard Cordray, Video, Senate, Richard Cordray Boycott, Consumer Financial Protection Bureau, Cfpb, Recess Appointments, Obama Recess Appointments, Richard Cordray Cfpb, Republicans Richard Cordray, Politics News

WASHINGTON -- A Republican boycott of the first official Senate testimony of President Obama's consumer finance watchdog fizzled Tuesday, as only half...

Read Whole Story

Scott Brown's Strategic Silence On Stock Ownership

HuffingtonPost.com | Max J. Rosenthal | Posted 03.26.2012

Read More: Scott Brown, Richard Cordray, Elizabeth Warren, Insider Trading, Dodd-Frank, Stocks, President Obama, Elizabeth Warren Scott Brown, Obama, Scott Brown Elizabeth Warren, Richard Cordray Cfpb, Scott Brown Stock Act, Barack Obama, Video, Scott Brown Bank of America, Scott Brown Massachusetts, Cfpb, Scott Brown Stock Bill, Consumer Protection, Scott Brown Banks, State of the Union, STOCK Act, Congress-Insider-Trading, Politics News

WASHINGTON -- Sen. Scott Brown (R-Mass.) is touting President Barack Obama's call for legislation banning insider trading by members of Congress as a ...

Read Whole Story

Obama-Appointed Watchdog Taking Tough Stand

AP | DANIEL WAGNER | Posted 03.25.2012

Read More: Richard Cordray, Video, Recess Appointment, Richard Cordray Cfpb, Richard Cordray Nomination, Consumer Protection, Cordray CFPB, Financial Regulation, Cordray, Politics News

WASHINGTON — The government's new consumer finance watchdog agency is prepared to sue companies that offer unfair or deceptive mortgages and cre...

Read Whole Story

Cordray Dialing CEOs Of Major Banks To Win Support

Reuters | Posted 03.14.2012

Read More: Vikram Pandit, Richard Cordray, Brian Moynihan, Video, Richard Cordray Recess Appointment, Reuters, Business News, Jamie Dimon, Richard Cordray Cfpb, Richard Cordray Nomination, Richard Cordray Ceos, Business News

* Top bankers among scores of introductory calls * Says protecting consumers and supporting honest businesses * Tells re...

Read Whole Story

Why Obama Has the Right to Appoint Cordray

Karen K. Harris | Posted 03.07.2012

Read More: Richard Cordray Recess Appointment, Consumer Financial Protection Bureau, Obama Richard Cordray, Richard Cordray Appointed, Richard Cordray Cfpb, Cfpb, Richard Cordray, Politics News

Although it is very likely that Cordray's recess confirmation will be challenged, it is clear that President Obama had both the legal authority and moral obligation to make this appointment.

Read Post

Is Obama's Cordray Appointment Unprecedented? Not By a Longshot

Adam Levin | Posted 03.07.2012

Read More: Richard Cordray, Obama Cordray, Richard Cordray Cfpb, Obama Cordray Nomination, Richard Cordray Recess Appointment, Business News

If circumventing gridlock in order to promote the financial "health, safety and welfare" of the American people by way of a recess appointment during a highly questionable non-recess recess gets us to the finish line, sign me up.

Read Post

White House, Dems: If Congress Isn't In Recess, Why Isn't It Working?

HuffingtonPost.com | Michael McAuliff | Posted 01.05.2012

Read More: Richard Cordray, Video, Jay Carney, Richard Cordray Recess Appointment, Payroll Tax Cut, Nancy Pelosi, Recess Appointments, Recess Appointment, 112th Congress, Obama Recess Appointments, Richard Cordray Cfpb, Politics News

WASHINGTON -- With Republicans complaining that President Obama made recess appointments while Congress is not in recess, House Democrats Thursday sug...

Read Whole Story

Richard Cordray: My Appointment Is Valid

HuffingtonPost.com | Jennifer Bendery | Posted 01.05.2012

Read More: Richard Cordray, Elizabeth Warren, Richard Cordray Senate, Obama, Richard Cordray Cfpb, Cordray, Obama Nominees, Elizabeth Warren Cfpb, Politics News, Video, Consumer Financial Protection Bureau, Cfpb, Obama Consumer Protection, Warren Consumer, Cordray Senate, Consumer Protection, Cordray CFPB, Senate Confrimation, Politics News

WASHINGTON -- Less than a day after his controversial recess appointment, Richard Cordray on Thursday moved full steam ahead with his plans for runnin...

Read Whole Story

In First Speech, Cordray Vows To Target Shadow Banking Industry

Reuters | Posted 03.06.2012

Read More: Richard Cordray, Shadow Banking, Richard Cordray Cfpb, Consumer Protection, Consumer Financial Protection Bureau, Richard Cordray Recess Appointment, Reuters, Business News

By Dave Clarke WASHINGTON, Jan 5 (Reuters) - In his first speech as head of the Consumer Financial Protection Bureau, Richard Cordray...

Read Whole Story

What Is A Recess?

AP | By ALAN FRAM | Posted 01.04.2012

Read More: Richard Cordray, Elizabeth Warren, Video, Recess, Consumer Financial Protection Bureau, Barack Obama Richard Cordray, President Barack Obama, Cfpb, Recess Appointment, Obama Recess Appointments, Barack Obama 2012, Richard Cordray Cfpb, Barack Obama, What Is a Recess, Politics News

WASHINGTON -- The Constitution lets presidents make temporary appointments while the Senate is in recess but does not specify what a recess is or how ...

Read Whole Story

President Obama Appoints Cordray to Head CFPB Over Republican Obstruction

David Arkush | Posted 03.05.2012

Read More: Richard Cordray, Wall Street Reform, Dodd-Frank, Consumer Protection, Consumer Financial Protection Agency, Cfpb, Richard Cordray Cfpb, Politics News

This morning President Obama appointed former Ohio Attorney General Richard Cordray to head the Consumer Financial Protection Bureau. It's was the right move, and it's about time.

Read Post

Standing Up for Consumers

Richard Cordray | Posted 03.05.2012

Read More: Richard Cordray, Richard Cordray Nomination, Richard Cordray Cfpb, Richard Cordray Obama, Richard Cordray Senate, Business News

Today, I was appointed by President Obama to serve as the first Director of the Consumer Financial Protection Bureau. I am honored by this opportunity to continue my work on behalf of consumers. And I am energized by the responsibilities and challenges facing the Bureau.

Read Post

Richard Cordray: 'I've Got A Big Job To Do' And Can't Be Distracted

Reuters | Posted 03.05.2012

Read More: Richard Cordray, Richard Cordray Big Job, Video, Richard Cordray Cfpb, Richard Cordray Barack Obama, Richard Cordray Political Challenges, Reuters, Business News

CLEVELAND, Jan 4 (Reuters) - President Barack Obama's nominee to head a new U.S. financial watchdog agency said on Wednesday he was ready to get to ...

Read Whole Story

Ombudsman Office I helped create at CFPB Will Field Consumer Financial Complaints

Rep. Carolyn Maloney | Posted 12.21.2011

Read More: Ombudsman, Cfpb, Dodd-Frank, Richard Cordray Cfpb, Consumer Financial Protection Bureau, Elizabeth Warren Cfpb, Politics News

Despite not having a confirmed director, the Consumer Financial Protection Bureau has already demonstrated how effective it can be. Only in the most polarized political environment could its goals be considered controversial.

Read Post

Memo to American Consumers: You Just Got Screwed... Again

Adam Levin | Posted 02.07.2012

Read More: Senator Richard Shelby, Richard Cordray, Mitch McConnell, Cfpb, Republicans, Senate Confirmation, Richard Cordray Nomination, Richard Cordray Cfpb, Politics News

Just like we experienced with Elizabeth Warren, whose potential nomination as CFPB director was derailed by the same band of robber barons, Mr. Cordray is the newest roadkill on the conservative superhighway, and the American people have been hosed yet again.

Read Post

Brian Moynihan Should Cut Ties With Payday Lenders

George Goehl | Posted 02.07.2012

Read More: Richard Cordray, Payday Lending, Brian Moynihan, Congress, Consumer Financial Protection Bureau, Bank of America, Cfpa, Banking, Banks, Richard Cordray Cfpb, Business News

If any bank represents the need to have a regulator in place that protects people on consumer financial issues, it's Bank of America. America's bank has become a symbol for all that is wrong with the financial sector.

Read Post

Don't Filibuster Cordray

Sen. Kay R. Hagan | Posted 02.07.2012

Read More: Cfpa, Richard Cordray, Richard Cordray Cfpb, Consumer Financial Protection Bureau, Consumer Financial Protection Agency, Cfpb, Politics News

The Consumer Financial Protection Bureau was created to protect consumers. But Republicans are planning to filibuster the confirmation of Richard Cordray as the director of the CFPB, effectively neutralizing the bureau's power to protect consumers.

Read Post

Senate GOP Blocks Obama Nominee

HuffingtonPost.com | Jennifer Bendery | Posted 02.07.2012

Read More: Richard Cordray, Elizabeth Warren, Richard Cordray Senate, Obama, Richard Cordray Cfpb, Obama Nominees, Elizabeth Warren Cfpb, Cordray, Video, Consumer Financial Protection Bureau, Obama Consumer Protection, Cfpb, Warren Consumer, Cordray Senate, Consumer Protection, Cordray CFPB, Senate Confrimation, Politics News

WASHINGTON -- Senate Republicans on Thursday blocked an effort to put someone in charge at the Consumer Financial Protection Bureau, a move that preve...

Read Whole Story

White House Targeting GOP Senators In Seven States For Their Support

HuffingtonPost.com | Jennifer Bendery | Posted 12.05.2011

Read More: Richard Cordray, Elizabeth Warren, Video, Consumer Financial Protection Bureau, Cordray Obama, Cfpb, Cordray Obama CFPB, Obama CFPB, Richard Cordray Cfpb, Consumer Protection, Elizabeth Warren Cfpb, Barack Obama, Cordray CFPB, Politics News

WASHINGTON -- The White House is launching an aggressive, eleventh-hour media blitz this week aimed at pressuring Senate Republicans to confirm a stal...

Read Whole Story

Obama Official: Consumer Watchdog's Appointment 'Obviously Would Help' Occupy Wall Street

HuffingtonPost.com | Sam Stein | Posted 01.03.2012

Read More: Richard Cordray, Video, Consumer Financial Protection Bureau, Senate Republicans, Ows, Occupy Wall Street, Cordray Occupy Wall Street, Occupy Wall Street Cordray, Richard Cordray Cfpb, Cordray Wall Street, Politics News

WASHINGTON -- The Obama administration has been careful in its handling of the Occupy Wall Street movement, expressing sympathy with the sentiment beh...

Read Whole Story

The Consumers' Role in CFPB Supervision

Kevin L. Petrasic | Posted 12.24.2011

Read More: Banking, Richard Cordray, Federal Reserve, Consumer Financial Protection Bureau, Cfpb, Consumer Financial Protection Bureau Chief, Consumer Financial Protection Bureau Cordray, Richard Cordray Cfpb, Business News

Recently, the Consumer Financial Protection Bureau (CFPB) released Version 1.0 of its Supervision and Examination Manual. The Manual represents perhaps the single most important document that will be issued by the new CFPB.

Read Post

CFPB Nominee Gains Key Support

HuffingtonPost.com | Amanda Terkel | Posted 12.18.2011

Read More: Richard Cordray, Catherine Cortez Masto, Elizabeth Warren, Mark Shurtleff, Brian Deese, Video, Sen. Richard Shelby, Consumer Financial Protection Bureau, Cfpb, Richard Shelby, Richard Cordray Cfpb, Richard Shelby Cfpb, Politics News

WASHINGTON -- A bipartisan group of 37 attorneys general publicly gave their support to President Barack Obama's nominee to head the Consumer Financia...

Read Whole Story

Nancy Pelosi: Scott Brown Is 'Clueless'

HuffingtonPost.com | Sam Stein | Posted 12.09.2011

WASHINGTON -- House Minority Leader Nancy Pelosi (D-Calif.) laced into Sen. Scott Brown (R-Mass.) on Sunday, calling the senator "clueless" for his de...

Read Whole Story

Obama's CFPB Nominee Clears First Hurdle

AP | Posted 12.06.2011

Read More: Richard Cordray, Senate, Video, Consumer Financial Protection Bureau, Senate Banking Committee, Financial Reform, Cfpb, Wall Street Reform, Senate Cfpb, Richard Cordray Cfpb, Consumer Protection, Cordray CFPB, Cordray, Politics News

WASHINGTON -- The Democratic-run Senate Banking Committee has approved President Barack Obama's choice to head the new Consumer Financial Protection B...

Read Whole Story