Richard Cordray

CFPB makes it official, rescinds Cordray-era limits on payday lenders


The agency delivered long-anticipated regulatory relief to the small-dollar loan industry by eliminating ability-to-repay requirements imposed under the bureau’s former director.


Wells in N.Y. state of mind, coronavirus, election 2020: Top stories of the week


How New York became Wells Fargo's new center of power; banks walk fine line in preparing for a coronavirus outbreak in U.S.; bankers on Bernie's electoral chances and whether a Sanders presidency would pose a threat; and more from this week's most-read stories.


In tell-all, ex-CFPB chief Cordray claims Trump nearly fired him


The release of Richard Cordray's retrospective of his tenure will come one day before the Supreme Court hears a pivotal case about the leadership structure of the agency.


Can California's mini-CFPB pick up slack left by federal agency?


Former CFPB Director Richard Cordray and consumer advocates have designed a proposed state consumer agency that would subject more financial firms and fintechs to state oversight.


How Supreme Court could decide CFPB constitutionality question


If the court agrees to hear the case, its conservative majority could make it easier for a president to fire a CFPB director, though other outcomes are possible.


Led by Trump appointee, CFPB is back in the enforcement business


There were signs Kathy Kraninger would continue a rollback of consent orders and investigations, but many observers see an aggressive approach reminiscent of the Obama era.


Enforcement actions are still a tool in CFPB arsenal, Kraninger says


Public orders are an effective way to discourage violations of consumer protection law, the bureau's director said at a credit union conference.


Why the CFPB’s payday rule is in the hands of a Texas judge


Consumer Financial Protection Bureau Directors Kathy Kraninger is under pressure to ask a federal judge to lift a stay that has kept the agency's short-term-lending rule from going into effect.


Let’s put some perspective around the small-dollar loan debate


The debate over the CFPB's plan to revamp its payday lending regulation should focus on the benefits for borrowers.