Republican senators have a buzzy little bee in their collective bonnets over the appointment of Richard Cordray as the director of the Consumer Financial Protection Bureau. See, they’re mad that President Obama took it upon himself to finalize the deed while the Senate was in recess, and say his “invalid” appointment will hurt business. [More]
richard cordray
Republicans: Expect Legal Challenges To Richard Cordray's 'Invalid' Appointment As CFPB Head
By 1.31.12
New CFPB Chief: Consumers Need To Fully Understand Costs & Risks Of Borrowing
By 1.5.12
Only a day after being appointed — in the face of stalwart Senate Republicans — as head of the new Consumer Financial Protection Bureau, former Ohio Attorney General Richard Cordray took to YouTube to share his vision of the CFPB’s mission. [More]
President To Just Go Ahead And Appoint Cordray As Financial Protection Chief
By 1.4.12
It’s been nearly six months since President Obama picked former Ohio Attorney General Richard Cordray as his nominee to head the recently created Consumer Financial Protection Bureau. But with Senate Republicans continuing to block a vote on Cordray’s appointment, the President has decided to go ahead and use his authority to fill the position by making a recess appointment. [More]
White House: GOP Efforts To Block Confirmation Of CFPB Director Will Hurt Consumers
By 12.8.11
Deputy Director of the National Economic Council, Brian Deese, spoke with Consumerist today during a conference call where he stressed the importance of Richard Cordray’s confirmation as director of Consumer Financial Protection Bureau, a confirmation that was blocked earlier today by Senate Republicans. [More]
Senate Expected To Vote On Consumer Financial Protection Bureau Director Tomorrow
By 12.7.11
It feels like it was ages ago when former Ohio Attorney General Richard Cordray (not to be confused with his doppelganger NBC page Kenneth Ellen Parcell) was announced as the White House’s nominee for director of the recently formed Consumer Financial Protection Bureau. Now it’s almost time to cue some sort of dramatic music as the Senate is expected to thumbs-up-or-down the nomination on Thursday. [More]
Obama To Nominate Former Ohio AG Cordray For CFPB Director
By 7.18.11
After months of speculation and fighting over the leadership of the newborn Consumer Financial Protection Bureau, the White House has announced that President Obama will not nominate Elizabeth Warren for the directorship, but instead will go with former Ohio Attorney General Richard Cordray. [More]
