Richard Cordray

• Cordray Pledges to Go Easy

  By Claude R. Marx  |  February 5, 2012

  Saying that credit unions and small banks “had very little, really nothing to do with causing the financial crisis,” Consumer Financial Protection Bureau Director Richard Cordray renewed his commitment to ensure that they don’t face unnecessary additional regulatory burdens.

• 

  Cordray Again Pledges to Minimize CFPB Impact on CUs, Small Banks

  By Claude R. Marx  |  January 31, 2012

  CFPB director testifies Tuesday at Senate Banking Committee hearing.

• Cordray Fields Questions From House Panel

  By Claude R. Marx, Jim Rubenstein  |  January 31, 2012

  House Republicans asked tough questions of Richard Cordray about his plans for running the Consumer Financial Protection Bureau, but the session wasn’t as hostile as it was when Elizabeth Warren testified.

• House Judiciary Panel to Scrutinize Cordray Appointment

  By Claude R. Marx  |  January 27, 2012

  The hearing will take place the day after Valentine’s Day, but there probably won’t be any candy and flowers for the witnesses.

• 

  Republicans Push Cordray on Transparency and Legitimacy

  By Claude R. Marx  |  January 24, 2012

  New CFPB director said he would work with credit unions and community banks to better understand impact of its actions.

• Obama Speech to Focus on Ways to Reduce Economic Inequality

  By Claude R. Marx  |  January 24, 2012

  State of the Union address expected to include focus on creation of Consumer Financial Protection Bureau, call for higher taxes on millionaires.

• Cordray Goes Before House Panel on Tuesday

  By Claude R. Marx  |  January 23, 2012

  Panel chair says CFPB director's recess appointment "runs counter to the constitutional requirements for a recess appointment."

• 

  Alabama CUs Meet With Cordray at CFPB Payday Lending Hearing

  By Jim Rubenstein  |  January 20, 2012

  New director Richard Cordray holds first field hearing, followed by session with credit union leaders, in Birmingham, Ala.

• CFPB Issues Guidelines For Examining Mortgage Originators

  By Claude R. Marx  |  January 17, 2012

  Cordray says focus will be on those who "materially increase the risk of violations of federal consumer laws."

• Confrontational Politics Can Be Good for All Sides

  By Claude R. Marx  |  January 16, 2012

  President Obama was mad as hell and wasn’t going to take it anymore. Nuance, subtlety and appeals to reason weren’t cutting it. So when it came to trying to break gridlock on the confirmation of a director of the Consumer Financial Protection Bureau, Obama did it the old fashioned way: He...