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.
It’s official. Richard Cordray is the director of the CFPB.
The CFPB could be a great danger to credit unions, which it has already demonstrated with a number of regulations, including new mortgage rules.
Bipartisan deal gets CFPB director the job officially while court fight continues and House leader lashes out.
The upper chamber invoked cloture, which limits remaining debate to no more than eight hours, so the final vote is expected soon.
Here are photos from the action on Thursday at NAFCU's 46th Annual Conference in Boston.
BOSTON — Credit unions told why they are better off because of the Consumer Financial Protection Bureau Director.
Making good on its word to track concerns such as questionable interest rates and discrimination, the Consumer Financial Protection Bureau recently sent a stern message that it is monitoring auto lenders’ activities.
A long-awaited overdraft report, released June 11, featured some unflattering statistics related to credit union overdraft income.
Overdraft revenue fell nearly $1 billion for credit unions, banks and thrifts in first quarter 2013, according to the latest quarterly study on overdrafts by Moebs Services, a Lake Bluff, Ill.-based economic research firm.