President doesn't outline next steps; recess appointment might be possibility.
CFPB creator reported set to announce bid for Democratic nomination in Massachusetts.
Consumer Financial Protection Bureau creator considering leaving Harvard again.
It may be one of the few times when a faculty position at Harvard Law School is a consolation prize
Former Ohio AG selected as first head of Consumer Financial Protection Bureau, pending Senate confirmation.
Former Ohio attorney general already had been chosen to run new bureau's enforcement programs.
House Republicans used a July 14 hearing to accuse those setting up the new Consumer Financial Protection Bureau of not disclosing enough information and for not spelling out what financial products it plans to target for increased scrutiny.
An in-depth look at the debut of the Consumer Financial Protection Bureau is featured in the July 20 edition of Credit Union Times.
Testy exchanges focus on potential compliance costs and financial products targeted for increased scrutiny.
Inclusion under new bureau followed credit union, bank industry push.