Banking and Finance

Recent Posts

Reid Puts Off Cordray Nomination Vote Until Late Summer--Is He Arming The Nuclear Option?
Posted on 23 May 2013 by Dykema

by Jeffrey E. Jamison As the CFPB-Lawblog predicted, the vote on Richard Cordray's nomination as director of the Consumer Financial Protection Bureau has been delayed. Senate Majority Leader Harry Reid had announced that the vote would take... Read More

Obama Picks Cordray to Lead the CFPB
Posted on 19 Jul 2011 by Troutman Sanders

by Troutman Sanders CFPB Team Ending months of speculation that Elizabeth Warren would lead the CFPB, the Obama administration announced on July 17, 2011 that Richard Cordray - currently the Assistant Director of the CFPB's Enforcement Division... Read More

Foley & Lardner: The Consumer Financial Protection Bureau Outlines Its Priorities Under Director Cordray
Posted on 19 Jan 2012 by Foley & Lardner LLP

Under the leadership of its newly appointed first director, Richard Cordray, the Consumer Financial Protection Bureau (Bureau) has laid out its top three priorities: (1) nonbank supervision; (2) protection against unfair, deceptive, or abusive acts or... Read More

Dodd-Frank: President Obama Installs Richard Cordray as Director of the CFPB
Posted on 12 Jan 2012 by Williams Mullen

On January 4, 2012, President Obama installed Richard Cordray as Director of the new Consumer Financial Protection Bureau Financial Protection ("CFPB"). Mr. Cordray had served as Attorney General for the State of Ohio and most recently was in... Read More

Political Disagreements over the CFPB Dominate Cordray’s Hearing and Delay Confirmation
Posted on 9 Sep 2011 by Troutman Sanders

by Troutman Sanders CFPB Team On September 6, 2011, Richard Cordray, former Ohio Attorney General and current nominee to become the first Director of the Consumer Financial Protection Bureau (CFPB), appeared before the Senate Banking Committee for a... Read More