CFPB

That former Ohio attorney general Richard Cordray has a smaller public profile than Elizabeth Warren is irrelevant when Republicans have already pledged to oppose anyone nominated to head the new Consumer Financial Protection Bureau: Republicans made it clear on Sunday that they were no more likely to confirm Mr. Cordray than Ms. Warren. Forty-four Republican […]

The fledgling Consumer Financial Protection Bureau, which now has almost 100 employees, just announced a new employee: Former Ohio Attorney General Richard Cordray, whom you may remember from the robo-signing fiasco: He was one of the first state attorneys general to take mortgage servicers to court for attempting to foreclose on borrowers without legal standing. […]

Yesterday’s New York Times featured a story about Raj Date, a Treasury official working to start up the Consumer Financial Protection Bureau after a spell as an influential financial-reform advocate. (I briefly profiled Date when he joined the administration.) The headline pretty much sums up the lack of news in the story: “Adviser to Consumer […]

Elizabeth Warren, the White House/Treasury aide charged with setting up the Consumer Financial Protection Bureau, is spending the day in Ohio to attend a consumer roundtable in Columbus. She’ll talk with people about their financial concerns as part of outreach efforts surrounding the stand-up of the new agency. It is, of course, no coincidence that […]

The rumor mill has the latest on the long-running saga about whether the administration will nominate Harvard Law professor and TARP watchdog Elizabeth Warren to head her brainchild consumer-protection agency since it was created by the Dodd-Frank financial-regulation bill. Apparently, the White House was considering appointing her the “interim” director of the agency during its […]