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Richard Cordray

A collection of news and information related to Richard Cordray published by this site and its partners.

Top Richard Cordray Articles

Displaying items 13-24
  • GOP's anti-democratic tantrum

    GOP's anti-democratic tantrum
    "Balanced." "Fair-minded." Showing "great personal integrity." These are some of the terms a bipartisan group of 37 state attorneys general used to describe former Ohio Attorney General Richard Cordray, President Barack Obama's nominee for director of the...
  • Obama to defy Senate Republicans and appoint CFPB director

    Obama to defy Senate Republicans and appoint CFPB director
    Republicans in the Senate have refused vote for any director of the new Consumer Financial Protection Bureau until the agency is weakened. Without a director, the CFPB's powers are more limited. This morning, the White House announced it would appoint...
  • Cordray appointment: A win for Obama -- and the public

    Cordray appointment: A win for Obama -- and the public
    President Barack Obama owes congressional Republicans at least a thank-you card for their efforts to block Richard Cordray as head of the Consumer Financial Protection Bureau. That GOP leaders continue to howl over Mr. Obama's decision on Wednesday to...
  • Sen. Mitch McConnell's threat: Mean-spirited and undignified

    Senate Minority Leader Mitch McConnell is accusing President Obama of acting "arrogantly" in his recent recess appointment of Richard Cordray as head of the Consumer Financial Protection Bureau ("Obama picks consumer chief," Jan 5). I would say that...
  • The imperial hypocrisy of Harry Reid

    The imperial hypocrisy of Harry Reid
    Senate Majority Leader Harry Reid, a man whose political success is largely attributable to the aura of befuddled incompetence he uses to disarm his adversaries, was a failed Watergate baby. In 1974, a slew of often sanctimonious and very liberal...
  • Wish list for new director of Consumer Financial Protection Bureau

    Wish list for new director of Consumer Financial Protection Bureau
    To: Richard Cordray, Director Consumer Financial Protection Bureau Dear Mr. Cordray: First, congratulations on your appointment to lead the Consumer Financial Protection Bureau. Unless the banking interests have their way, your appointment is expected...
  • Let Consumer Financial Protection Bureau do its job

    Republicans lament the action taken by our president to make a recess appointment — finally — to head the Consumer Financial Protection Bureau, a valuable government agency. I do not know the likely outcome of any challenge to this action,...
  • A chance to right an old wrong

    A chance to right an old wrong
    President Barack Obama's recess appointment to direct the Consumer Financial Protection Bureau (CFPB), Richard Cordray, wasted no time in announcing the watchdog agency's "nonbank supervision program." Bringing nonbank mortgage lenders more fully and...
  • CFPB shedding light on hidden fees in international money transfers

    Apparently, when people transfer money to relatives outside the U.S., they are dinged by hidden fees. The result is that those family members get less than expected. The Consumer Financial Protection Bureau today adopted a rule that generally will...
  • Bank of America to pay $772 million for illegal credit card practices

    Bank of America to pay $772 million for illegal credit card practices
    WASHINGTON -- Bank of America Corp. has agreed to refund customers $727 million and pay $45 million in fines for illegal credit card practices, according to a settlement with federal regulators announced Wednesday. The refunds will go to as many as 2....
  • Mortgage hassles lead to threatened foreclosure

    It wasn't by choice that Jennifer Martens switched to Ocwen Loan Servicing. The massive mortgage company took over the servicing of her home loan from IndyMac Bank in November. Things have never been the same. Martens continued to make her monthly...
  • U.S. consumer bureau details diversity efforts after complaints

    WASHINGTON (Reuters) - The U.S. consumer financial watchdog plans to ramp up diversity training and is teaching hiring managers to spot unconscious biases, the agency said in a report on Friday amid concerns over its treatment of women and minority...