A handful of Republican members of the U.S. Senate have asked Richard Cordray, the director of the Consumer Financial Protection Bureau, to detail how his agency intends to respond to the internal control and accounting systems weaknesses the Government Accountability Office identified in a recent report. Last month, the GAO issued a report entitled, “Management Report: Opportunities for Improvement in the Bureau of Consumer Financial Protection’s Internal Controls and Accounting Procedures,” based on an audit GAO did of the CFPB’s 2011 financial statements. The GAO listed...