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Head of Consumer Financial Protection Bureau will step down

Nov 15, 2017
Richard Cordray announced today that he’s leaving the Consumer Financial Protection Bureau by the end of the month. President Donald Trump will get to appoint Cordray’s successor, giving him yet another way to reshape U.S. financial regulation. We take a look at how the president is putting his stamp on these regulations.  Click the audio player […]

Consumer complaint? Who you gonna call? Try the government

Aug 9, 2013
Since 2011, the Consumer Financial Protection Bureau has been collecting consumer complaints and helping people resolve their disputes with companies. Richard Cordray, the newly confirmed CFPB director, talks about using his organization as a resource.

Is fight over CFPB undermining its authority?

Apr 24, 2013
Observers worry the lack of a full-fledged director undercuts agency's ability to protect consumers.

Obama taps former prosecutor as Wall Street cop

Jan 24, 2013
Mary Jo White battled mobsters and terrorists as U.S. Attorney. Now, she’ll face hedge fund titans and high-speed traders to revive the SEC.
Flanked by Director of the United States Consumer Financial Protection Bureau Richard Cordray (L) and former U.S. Attorney for the Southern District of New York Mary Jo White (R) , U.S. President Barack Obama makes a personnel announcement at the State Dining Room of the White House January 24, 2013 in Washington, DC. President Obama nominated Mary Jo White to become the new chairman of Securities and Exchange Commission. He also re-nominated Richard Cordray for the same position Cordray has been holding.
Alex Wong/Getty Images

Bark or bite: Credit reporting agencies get watchdog

Jul 20, 2012
Around 40 percent of credit reports have mistakes on them -- and it is a pain to get them fixed. The Consumer Financial Protection Bureau announced that it will start scrutinizing credit reporting agencies.
Richard Cordray, seen here swearing in at the beginning of his confirmation hearing in Sept. 2011, as director of the CFPB.
Chip Somodevilla/Getty Images

Richard Cordray and the CFPB set to work

Jan 17, 2012
Newly appointed head of the Consumer Financial Protection Bureau, Richard Cordray, speaks about the priorities on the table for the organization.

For public good, not for profit.

Cordray's plans for the CFPB

Jan 13, 2012
Richard Cordray, chief of the Consumer Financial Protection Bureau, discusses what powers he'll have and how he plans to use them.
New Consumer Financial Protection Bureau Director Richard Cordray discusses the top three priorities for his agency.
Saul Loeb/AFP/Getty Images

Richard Cordray to head consumer protection bureau

Jan 4, 2012
President Obama bypassed the Senate and appointed Cordray as the head of the CFPB. Yet, legal challenges will likely follow.

Obama appoints new head of CFPB

Jan 4, 2012
The president plans to use a recess appointment to name Richard Cordray as head of the Consumer Financial Protection Bureau.