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A collection of news and information related to Richard Cordray published by this site and its partners.

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    May 17, 2013 | South Florida Sun-Sentinel

  1. Protege tus finanzas con ayuda en español

    Buenas noticias para los consumidores hispanos del sur de Florida!
    EL SENTINEL
    Buenas noticias para los consumidores hispanos del sur de Florida! La Oficina para la Protección Financiera del Consumidor (CFPB) lanzó esta semana su sitio web en español: www.consumerfinance.gov/es, que también puedes usar en tu móvil, y que te...
    2. May 15, 2013 |Story| Reuters

  2. Senate to hold vote on consumer watchdog director next week

    Reuters
    (Reuters) - Senate Democratic leaders plan to hold a vote next week on President Barack Obama's choice to lead the Consumer Financial Protection Bureau, a Senate Democratic aide said on Wednesday, but they are not expected to muster enough votes to...

    Tags: White House, Consumers, Harry Reid, U.S. Consumer Financial Protection Bureau, Politics

    3. May 15, 2013 |Story| Los Angeles Times

  3. Nuking the filibuster

    In requiring the U.S. Senate to confirm presidential appointments, the Constitution aims to ensure a second level of scrutiny of the qualifications of government officials. But Senate Republicans have hijacked the confirmation process, not only to thwart individual nominees but to undermine laws they don't agree with. If they continue in their obstructionism, Senate Majority Leader Harry Reid (D-Nev.) should revisit the possibility of doing away with the filibuster for nominations.
    In requiring the U.S. Senate to confirm presidential appointments, the Constitution aims to ensure a second level of scrutiny of the qualifications of government officials. But Senate Republicans have hijacked the confirmation process, not only to...

    Tags: Harry Reid, U.S. Consumer Financial Protection Bureau, Politics, Career and Workplace, Republican Party

    4. Apr 29, 2013 |Story| Orlando Sentinel

  4. Signs of grown-ups in charge

    WASHINGTON -- Rep. Jeb Hensarling, R-Texas, chairman of the Financial Services Committee, has told Richard Cordray not to bother. This is part of the recent evidence that government is getting some adult supervision.
    WASHINGTON -- Rep. Jeb Hensarling, R-Texas, chairman of the Financial Services Committee, has told Richard Cordray not to bother. This is part of the recent evidence that government is getting some adult supervision. Barack Obama used a recess...

    Tags: Tom Coburn, Earth Day, Politics, Dave Camp, Elections

    5. Apr 28, 2013 |Story| Aberdeen News

  5. Column: Signs of grown-ups in charge

    Rep. Jeb Hensarling, R-Texas, chairman of the Financial Services Committee, has told Richard Cordray not to bother. This is part of the recent evidence that government is getting some adult supervision.  President Barack Obama used a recess...

    Tags: Tom Coburn, White House, Earth Day, Politics, Dave Camp

    6. Apr 27, 2013 |Story| Los Angeles Times

  6. Lenders venturing back into subprime market

    Michele and Russell Poland's credit was shot, but they managed to buy their suburban dream home anyway.
    Michele and Russell Poland's credit was shot, but they managed to buy their suburban dream home anyway. After a business bankruptcy and a home foreclosure, they turned to a rare option in this era of tightfisted banking — a subprime loan. The...

    Tags: U.S. Consumer Financial Protection Bureau, Federal Reserve, Financial and Business Services, Politics, Homes

    7. Apr 24, 2013 |Story| Reuters

  7. Consumer bureau calls payday loans a trap, warns of new rules

    Reuters
    WASHINGTON (Reuters) - The U.S. consumer watchdog said high-cost, short-term loans often trap borrowers in a cycle of debt, warning in a report on Wednesday that new rules could be on the way for payday lenders and banks making similar loans. The...

    Tags: Consumers, Community Financial Corporation, U.S. Consumer Financial Protection Bureau, U.S. Bancorp, Loans

    8. Apr 23, 2013 |Story| Los Angeles Times

  8. Republicans intensify pressure to limit powers of consumer agency

    WASHINGTON — Republicans have stepped up their pressure to limit the wide-ranging powers of the nation's watchdog over consumers' money matters.
    WASHINGTON — Republicans have stepped up their pressure to limit the wide-ranging powers of the nation's watchdog over consumers' money matters. The head of a key House committee overseeing the Consumer Financial Protection Bureau said he would no...

    Tags: White House, Federal Reserve, Politics, Republican Party, Elections

    9. Apr 23, 2013 |Story| Los Angeles Times

  9. Payday loans trap people in a cycle of debt, U.S. watchdog says

    Payday loans often trap consumers in a cycle of debt, a new report by the federal government finds. The Consumer Financial Protection Bureau found that the average consumer took out 11 loans during a 12-month period, paying a total of $574 in fees...

    Tags: Consumers, Community Financial Corporation, U.S. Consumer Financial Protection Bureau, Finance, Economy, Business and Finance

    10. Apr 23, 2013 |Story| Reuters

  10. US consumer bureau calls payday loans a trap, warns of new rules

    Reuters
    WASHINGTON, April 24 (Reuters) - The U.S. consumer watchdog said high-cost, short-term loans often trap borrowers in a cycle of debt, warning in a report on Wednesday that new rules could be on the way for payday lenders and banks making similar loans....

    Tags: Consumers, U.S. Consumer Financial Protection Bureau, U.S. Bancorp, Finance, Loans

    11. Apr 23, 2013 |Story| Los Angeles Times

  11. House chairman bars consumer bureau chief from testifying

    WASHINGTON -- The head of the Consumer Financial Protection Bureau will deliver his semi-annual report to the Senate Banking Committee on Tuesday morning, but he's not welcome to do the same before a House panel.
    WASHINGTON -- The head of the Consumer Financial Protection Bureau will deliver his semi-annual report to the Senate Banking Committee on Tuesday morning, but he's not welcome to do the same before a House panel. House Financial Services Committee...

    Tags: Consumers, Maxine Waters, Federal Reserve, U.S. Consumer Financial Protection Bureau, Financial and Business Services

    12. Apr 22, 2013 |Story| Reuters

  12. U.S. House Republican blocks consumer watchdog from testifying

    Reuters
    WASHINGTON, April 22 (Reuters) - A U.S. Republican lawmaker escalated a partisan fight over the new consumer protection watchdog on Monday, saying the bureau's leader was not welcome to appear before a congressional panel that oversees financial...

    Tags: Consumers, Maxine Waters, U.S. Consumer Financial Protection Bureau, Financial and Business Services, Politics

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