Richard Cordray

Crapo, Hensarling lead court brief supporting Mulvaney as CFPB head

03/05/18

Over 100 Republican lawmakers filed a legal brief Friday backing Mick Mulvaney in the lawsuit challenging his appointment as acting head of the Consumer Financial Protection Bureau.

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CFPB wants firms to sound off, but openness carries hidden risks

02/22/18

Commenting on the consumer bureau’s enforcement practices as part of a CFPB review could help shape regulatory reforms, but it could also draw attention to a firm’s run-in with the agency.

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Cordray blasts Trump’s CFPB; Warren wants Wells answers

02/15/18

Former director says his old agency is now “favoring predators”; Senator is looking into how the bank’s program to repay improperly charged loan customers.

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Mulvaney looks to neuter CFPB’s most potent weapon

02/14/18

Acting Consumer Financial Protection Bureau Director Mick Mulvaney is discarding many of the policies of his predecessor but none as important perhaps as the agency's targeting of "unfair, deceptive or abusive acts or practices."

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Payback: Dems give CFPB's Mulvaney the Cordray treatment

02/13/18

The acting director of the Consumer Financial Protection Bureau on Tuesday had his first taste of the tough congressional criticism endured by his predecessor on trips to Capitol Hill.

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'It's been rotting for years': Comments of the week

02/02/18

Readers react to a clash between Mick Mulvaney and Richard Cordray, opine on how quickly Congress can move financial services legislation, slam calls for increased bank consolidation and more.

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States mull loosening of laws in response to CFPB payday rule

02/01/18

Lobbyists for the payday loan industry are getting a warmer reception in state capitals in 2018 than they did last year. One of their key arguments is that the federal crackdown on payday loans, which is now on hold, requires a response from the states.

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What CFPB gained, lost in constitutionality case

01/31/18

A federal appeals court handed a major victory — and a significant defeat — to the CFPB by upholding its constitutional structure while also slapping down the agency's practice of making new interpretations of law through enforcement actions.

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Cordray's rebuttal to CFPB's Mulvaney: I also read Thomas More

01/25/18

Mick Mulvaney and Richard Cordray set themselves apart from the run-of-the-mill Beltway bashing of late when their war of words over the CFPB went positively bookish.

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Reactions to Mulvaney memo range from elation to disgust

01/24/18

Many in the industry applauded the Consumer Financial Protection Bureau's new mission statement shifting the agency's focus away from using enforcement actions as a substitute for rules of the road.

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