Will the CFPB be More Aggressive Now That Cordray is Street Legal?
July 29, 2013
Now that President Barack Obamas nomination of Richard Cordray for a full term as director of the CFPB has gained the grudging consent of the U.S. Senate, perhaps the key issue for the financial services industry is whether the bureau will behave any differently. The debate about the bureau is going to continue, theres no question about it, said one industry attorney formerly on Capitol Hill. Clearly, on the Republican side, you can see there are serious concerns. They took the unprecedented step of refusing to initially...