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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 85-96
  • Text of President Obama's State of the Union address

    Text of President Obama's State of the Union address
    Text of President Barack Obama's State of the Union address, as provided by the White House: Mr. Speaker, Mr. Vice President, members of Congress, distinguished guests and fellow Americans: Last month, I went to Andrews Air Force Base and welcomed...
  • Consumer bureau to propose new rules for mortgage servicers

    Anyone who has ever fought with a lender over a lost or misapplied house payment should be heartened by the latest news from the new federal mortgage industry watchdog. The Consumer Financial Protection Bureau plans to propose a straightforward...
  • Banks' fees pay off ... for credit unions

    Banks' fees pay off ... for credit unions
    Consumers fed up with the rising tide of bank fees helped the nation's credit unions more than double their number of new customers last year, new figures show. More than 1.3 million Americans opened new credit union accounts last year, up from less than...
  • Discriminatory lenders beware: Consumer watchdog is cracking down

    Discriminatory lenders beware: Consumer watchdog is cracking down
    Lenders who discriminate on the basis of certain demographics when dealing with auto loans, mortgages, credit cards, student loans and more are now in the cross hairs of the new Consumer Financial Protection Bureau. The watchdog declared war Wednesday...
  • Billionaires keep pouring millions into 'super PACs'

    Billionaires keep pouring millions into 'super PACs'
    Billionaire political patrons filled the coffers of the presidential "super PACs" last month, spotlighting once again the enormous influence a tiny cadre of wealthy donors is having on the 2012 race. The biggest donations came from casino magnate Sheldon...
  • President bypasses Senate to appoint consumer agency director

     
    Tired of political shenanigans, President Obama today appointed a director of the new Consumer Financial Protection Bureau. Obama used a political process known as a recess appointment to seat Richard Cordray, the former Ohio attorney general. He used...
  • When slimy tactics collide

     
    It's pretty clear that the presidential power to make recess appointments when Congress isn't in session was established to assure a speedy and orderly transition when vacancies unexpectedly arise in key goverment positions when Congress is not in town...
  • Romney readings

     
    From Mitt Romney and 100,000 jobs: an untenable figure by Glenn Kessler, Washington Post fact checker (who gives the claim three Pinocchios) Interestingly, when Romney ran for the Senate in 1994, his campaign only claimed he had created 10,000 jobs.......
  • Annoyed to the core

     
    ToddH zinged me in another comment thread by observing that, if I'm annoyed with Mitt Romney, Rick Santorum et. al for their constant over-the-top bleating that the very soul of America is at stake in the November election, I should......
  • Feds target debt collectors, credit reporting agencies

     
    The Consumer Financial Protection Bureau appears ready to show off its muscle. Last week, it said it wants to oversee debt collectors and credit reporting agencies. Those financial services currently aren't regulated on a regular basis. The CFPB says it'...
  • Credit card complaint information public for the first time

     
    Most of us have had a beef with our credit card at some point. Maybe they raised your rate. Maybe they cut your credit limit. Maybe they messed up your bill or didn't let you cash in rewards points. As......
  • Capital One to refund $150 million to customers

     
    Last week it was Wells Fargo that was in trouble with the feds. Today, it's Capital One. Two federal agencies announced that 2.5 million customers will share about $150 million in refunds because the bank deceptively sold credit card services......