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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
  • 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...
  • 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...
  • 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 to begin to oversight of credit bureaus

    Credit bureaus collect all sorts of information about us from creditors, and this information is used to make decisions about whether we deserve a loan, a job or an apartment.  There are some 400 credit bureaus in the United States, but oversight has been...
  • CFPB orders Capital One Bank to refund $140 million to consumers

    Updated with Capital One's response In its first enforcement action, the Consumer Financial Protection Bureau has ordered Capital One Bank to refund $140 million to about two million customers. On top of that, the bank must pay a $25 million civil...
  • U.S. Bank to pay penalties, refunds for services sold but not provided

    U.S. Bank to pay penalties, refunds for services sold but not provided
    Federal regulators have ordered U.S. Bancorp to pay $57 million in restitution and penalties for charging customers for identity-protection and credit-monitoring services they never received. The Consumer Financial Protection Bureau said Thursday that...
  • Mortgage fraud is alive and well

    If you thought the bad guys had left the mortgage business for greener pastures, think again. The thieves are still out there, ready to separate you from your money. But at the same time, many of us are still not above stretching the truth a little when...
  • Would a GOP Senate foretell change for consumer agency?

    WASHINGTON At 3 years old, the controversial Consumer Financial Protection Bureau has survived opponents' attempts to dismantle it and is busy rolling out new regulations and doling out punishment to companies accused of bilking consumers. But the bureau...