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 hearing on his nomination. However, even before Mr...
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 charge of the enforcement division of the Treasury...
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 practices (UDAAP), and (3)
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 place during the week of May 20, 2013, but is now...