Richard Cordray

Mick Mulvaney, acting director of the Consumer Financial Protection Bureau in November 2017.

Appeals Court Backs Key Part Of The Structure Of Consumer Watchdog Agency

8:55pm January 31, 2018

by Richard Gonzales

The ruling is the latest development in the legal fight over the Consumer Finance Protection Bureau supporters say combats predatory lending and other abuses. Critics say the agency is too powerful.

Mick Mulvaney, director of the Office of Management on Friday was named acting director of the Consumer Financial Protection Bureau. Before resigning as director of the CFPB earlier in the day, Richard Cordray named his own interim successor.

Trump Names His Budget Chief As Interim Head Of Consumer Protection Agency

10:03pm November 24, 2017

by Avie Schneider

President Trump named Mick Mulvaney as acting director of the Consumer Financial Protection Bureau on Friday, the same day outgoing director Richard Cordray named his own interim successor.

Richard Cordray, who was appointed by President Barack Obama, is stepping down as head of the Consumer Financial Protection Bureau.

Richard Cordray Stepping Down As Head Of U.S. Consumer Protection Agency

2:39pm November 15, 2017

by Avie Schneider

The embattled director of Consumer Financial Protection Bureau says he will resign by the end of November. Cordray was a frequent target of Republican lawmakers for his tough stance on banks

Richard Cordray, director of the Consumer Financial Protection Bureau, testifies before a Senate committee last year. The Trump administration is trying to bring the independent bureau under the president's direct control.

Trump Administration Files Motion Aimed At Controlling Consumer Protection Agency

8:25pm March 17, 2017

by Barbara Campbell

The Consumer Financial Protection Bureau is in the executive branch, but the president doesn't control it, which he says is unconstitutional. Agency supporters say independence is its strength.

Federal Agency Says Consumers Feel Threatened By Debt Collectors

8:06pm January 12, 2017

by Yuki Noguchi

A survey by the Consumer Financial Protection Bureau finds that more than 1 in 4 Americans contacted by collectors feel threatened. The bureau is revamping rules for the industry.

Economy

Consumer Agency Launches Tool To Help You Find A Cheaper Mortgage

2:25pm January 16, 2015

by Chris Arnold

For many Americans, buying a house is the biggest financial transaction of their lives, but a new federal report says half of buyers don't shop around for a better interest rate on their mortgage.

Queue Listen Now

Richard Cordray, director of the Consumer Financial Protection Bureau.

'We're Here To Stay' Says Newly Confirmed Consumer Watchdog

7:11pm July 17, 2013

by Mark Memmott

After two years of political bickering, Richard Cordray has been confirmed as head of the Consumer Financial Protection Bureau. He thinks that, in the end, his agency has won bipartisan support for the work it will do.

Queue Listen Now