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Tag Archives: Richard Cordray

Richard Cordray Confirmed to Head Consumer Watchdog Agency

The Senate confirmed Richard Cordray in a 66-34 vote Tuesday as head of the Consumer Financial Protection Bureau, ending a two-year hold on his nomination, Bloomberg reported Wednesday. Carter Dougherty and Cheyenne Hopkins write Republicans stalled Cordray’s confirmation because they wanted changes to the agency’s structure such as on the …

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Senate Banking Panel Approves Cordray, White Nominations

The Senate Banking Committee has approved the nominations of Richard Cordray to lead the Consumer Financial Protection Bureau and Mary Jo White to chair the Securities and Exchange Commission, Politico reports. White’s appointment moved through on a 21-1 vote while the panel voted 12-10 along party lines to approve Cordray, according …

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Consumer Watchdog Nominee Facing Senate Committee

Richard Cordray, the nominee to head the new Consumer Financial Protection Bureau, will be considered by the Senate Banking Committee Tuesday. Congress returns from its August vacation this week and Cordray’s nomination is one issue scheduled to be addressed. The AP reports Cordray is promising to be accountable to Congress, …

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Consumer Financial Protection Bureau Launches, Chief Nominated

The Consumer Financial Protection Bureau commenced operations yesterday and President Barack Obama has nominated former Ohio Attorney General Richard Cordray to lead the new agency, the AP reports. Cordray was nominated over Elizabeth Warren, Harvard professor and key force behind the creation of the agency as part of the The …

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Obama to Nominate Richard Cordray as Head of Consumer Agency

President Barack Obama will announce today his intent to nominate Richard Cordray to serve as the first director of the Consumer Financial Protection Bureau. Cordray is a former Ohio attorney general and played a large role in overhauling the rules that govern the financial sector. “Richard Cordray has spent his …

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