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Richard Cordray

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Top Richard Cordray Articles see all

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  • Maryland to receive $88 million of $2.1 billion national settlement

    Maryland to receive $88 million of $2.1 billion national settlement
    Maryland expects to receive about $88 million of a $2.1 billion national settlement reached with Ocwen Financial Corp. over "systematic misconduct" in the mortgage servicer's handling of loans.
  • Perez confirmation vote hangs on Senate's 'nuclear option' debate

    Perez confirmation vote hangs on Senate's 'nuclear option' debate
    Thomas E. Perez, the Marylander nominated by President Barack Obama to lead the U.S. Department of Labor, is set to face a critical vote in the Senate this week that puts his confirmation in the middle of a blistering battle over the use of the...

    In the Senate, crisis averted — for now

    In the Senate, crisis averted — for now
    Faced with another crisis over one of its least democratic traditions, the U.S. Senate appears to have blown off enough steam to avoid a messy and divisive showdown over the use of the filibuster. Senate Majority Leader Harry Reid and a handful of...

    Deal to avoid 'nuclear option' clears path for Perez

    Deal to avoid 'nuclear option' clears path for Perez
    Senate leaders struck a deal Tuesday to avoid a showdown over the use of filibusters, ending a political drama and clearing the way for Marylander Thomas E. Perez to win confirmation as head of the Labor Department. After days of escalating rhetoric,...

    CFPB: Consumers can pay steeply for overdraft protection

    CFPB: Consumers can pay steeply for overdraft protection
    After years of consumers paying steep fees for overdraft protection that, in some cases, they didn't even ask for, the government stepped in three years ago. Now, banks must get consumers OK — or opt-in —  before covering ATM and debit card...