Wherever you might come down on the current controversy over who’s really in charge at the CFPB, you have to admit it’s driven no shortage of headlines. Some of our favorites: “Shootout at The CFPB Corral”, “Who’s the Boss” and “…Two Acting Directors Show Up To Take...
The Consumer Financial Protection Bureau’s departing president, Richard Cordray, created uncertainty surrounding the leadership of the government watchdog after naming a temporary director. And now, it seems, the whole issue will certainly be decided by the courts. According to The Wall Street Journal, Cordray appointed...
Although he is due to resign next week, Richard Cordray, the director of the Consumer Financial Protection Bureau, still wants his opinion to be heard. According to American Banker, Cordray sent a letter to 29 chief executives at banks, credit unions and other financial companies,...
“Boy, they really hate you, don’t they?” Such were the words from Massachusetts Democrat Michael Capuano during a hearing this week between CFPB Director Richard Cordray and the House Financial Services committee which “welcomed” the consumer watchdog’s director for a 5 hour round of questioning...
November 28, 2017
Wherever you might come down on the current controversy over who’s really in charge at the CFPB, you have to admit it’s driven no shortage of headlines. Some of our favorites: “Shootout at The CFPB Corral”, “Who’s the Boss” and “…Two Acting Directors Show Up To Take Command; One Brings Doughnuts, The Other Well-Wishes.” In what is […]
October 17, 2016
Last week’s ruling by the D.C. Circuit that the CFPB’s structure is unconstitutional sets the stage for a hearing by the Supremes. At least, that’s the opinion of Columbia University...
December 04, 2017
And the (legal) beat went on. The drama surrounding the Consumer Financial Protection Bureau (CFPB) continues – and did anybody think it would be otherwise? The latest news is still centered on succession, namely that current acting director Leandra English is set on challenging Mick Mulvaney’s appointment to the role by President Donald Trump. The latter […]
November 27, 2017
The Consumer Financial Protection Bureau’s departing president, Richard Cordray, created uncertainty surrounding the leadership of the government watchdog after naming a temporary director. And now, it seems, the whole issue...
November 22, 2017
Although he is due to resign next week, Richard Cordray, the director of the Consumer Financial Protection Bureau, still wants his opinion to be heard. According to American Banker, Cordray...
April 07, 2017
“Boy, they really hate you, don’t they?” Such were the words from Massachusetts Democrat Michael Capuano during a hearing this week between CFPB Director Richard Cordray and the House Financial...
