Richard Cordray was confirmed as director of the Consumer Financial Protection Bureau July 16, after Senate Democrats and Republicans successfully negotiated a deal that includes other pending nominees and will keep filibuster rules in place.
Bipartisan deal gets CFPB director the job officially while court fight continues and House leader lashes out.
During his June 27 confirmation hearing, NCUA Board nominee Richard Metsger dodged what might have been his most controversial question. Is raising the member business lending cap a good idea?
The Massachusetts Democrat sent Sallie Mae President/CEO Jack Remondi a letter that compared the lender’s use of FHLB funds to how big banks benefitted from TARP funds.
WASHINGTON — NCUA Board nominee speaks on first credit union loan, financial crisis lessons.
Sallie Mae chief responds to criticism earlier this week from Sen. Elizabeth Warren (D-Mass.)
Massachusetts senator questions interest markup Sallie Mae passes on to student borrowers.
CFPB creator now Massachusetts senator wonders aloud at hearing if time has come for separate systems for big and small FIs.
House Financial Services Committee chair says "there is no legally appointed director of the CFPB at this time."
Although I never actually checked, my guess is that the great majority of lawsuits that are filed seeking money damages never go to trial. Instead, they are settled between the parties out of court.