Bipartisan Group of Attorneys General to Renew Call for Confirmation of Richard Cordray to Lead Consumer Financial Protection Bureau

STAKEOUT TODAY: Bipartisan Group of Attorneys General to Renew Call for Confirmation of Richard Cordray to Lead CFPB

 

WASHINGTON, DC – Today, a bipartisan group of attorneys general from across the country will renew their call for the Senate to confirm Richard Cordray to lead the Consumer Financial Protection Bureau (CFPB).  A CFPB without its full authorities is hamstrung in its ability to help level the playing field between small banks and nonbank financial service providers. For too long, banks were playing by one set of rules, while other parts of the financial industry, like some payday lenders or independent mortgage brokers, were playing by another, often with little or no oversight. Earlier this fall, 37 attorneys general from across the country urged the Senate to confirm Richard Cordray, former Attorney General of Ohio, to lead the CFPB. Their letter is here.

On Thursday, the Senate will vote on the nomination of Richard Cordray to lead the CFPB.  Cordray has spent his career fighting for middle class families and finding solutions that help consumers, and he has seen bipartisan support from people around the country.  However, some Senate Republicans have vowed to block his nomination without raising question about his qualifications or background – and their opposition puts consumers at risk. A White House NEC report on the importance of a Consumer Financial Protection Bureau Director is available here.  The following attorneys general will be at the White House today:

 

 Maryland Attorney General Douglas Gansler

Mississippi Attorney General Jim Hood

North Carolina Attorney General Roy Cooper

Utah Attorney General Mark Shurtleff

 

Lover, Fighter, Friend, Journalist, and Activist.

Tagged with:
Posted in Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

December 2011
M T W T F S S
« Nov   Jan »
 1234
567891011
12131415161718
19202122232425
262728293031  
Blog Stats
  • 820,454 hits
Top Clicks
  • None
%d bloggers like this: