Political Capital

Posts tagged: Consumer Financial Protection Bureau

Richard Cordray, director of the Consumer Financial Protection Bureau (CFPB), on March 12, 2013.

Photograph by Andrew Harrer/Bloomber

Richard Cordray, director of the Consumer Financial Protection Bureau (CFPB), on March 12, 2013.

Cordray’s Offices ‘Not Some Palace’ — Bellagio on Steroids: Hensarling

Republicans who weren’t pleased about the creation of the Consumer Financial Protection Bureau have even less reason to be happy as it builds a new home. Rep. Jeb Hensarling, the Texas Republican who chairs the House Financial Services Committee, had a...

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Richard Cordray, director of the U.S. Consumer Financial Protection Bureau (CFPB), delivers remarks as U.S. President Barack Obama looks on, Jan. 6, 2012

Photograph by Michael Reynolds/Pool via Bloomberg

Richard Cordray, director of the U.S. Consumer Financial Protection Bureau (CFPB), delivers remarks as U.S. President Barack Obama looks on, Jan. 6, 2012

Obama on Cordray: ‘Two Years’

Two years. That’s how long it’s been since President Barack Obama nominated Richard Cordray, former attorney general of Ohio, to run the new Consumer Financial Protetion Bureau. Today, on the second anniversary of that announcement, Vice President Joe Biden swore...

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The Senate just voted to end a two-year Republican blockade that was preventing Richard Cordray from winning confirmation as director of the Consumer Financial Protection Bureau

Photograph by J. Scott Applewhite/AP Photo

The Senate just voted to end a two-year Republican blockade that was preventing Richard Cordray from winning confirmation as director of the Consumer Financial Protection Bureau

Bloomberg by the Numbers: 66

That’s how many senators voted yesterday to confirm Richard Cordray as head of the Consumer Financial Protection Bureau. Cordray won backing from all 52 Democrats and two independents who align with the party, plus 12 Republicans. Thirty-four Republicans voted no....

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Richard Cordray, director of the Consumer Financial Protection Bureau (CFPB), speaks during a Senate Banking Committee hearing in Washington on Feb. 14, 2013.

Photograph by Andrew Harrer/Bloomberg

Richard Cordray, director of the Consumer Financial Protection Bureau (CFPB), speaks during a Senate Banking Committee hearing in Washington on Feb. 14, 2013.

54 Senators On Record Backing Cordray for CFPB Post

President Barack Obama already knew that Senate Democrats supported his choice of Richard Cordray to direct the Consumer Financial Protection Bureau. So why did 52 Democrats and two like-minded independents put their signatures to a letter today telling him what he...

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Richard Cordray, director of the Consumer Financial Protection Bureau (CFPB), testifies during a Senate Banking Committee hearing in Washington.

Photograph by Andrew Harrer/Bloomberg

Richard Cordray, director of the Consumer Financial Protection Bureau (CFPB), testifies during a Senate Banking Committee hearing in Washington.

Single Consumer Director? Depends on Which Agency You Mean

Almost from the moment that the Consumer Financial Protection Bureau was created in 2010, Republican and Democratic lawmakers began fighting over whether the agency should be run by a commission or a director. Democrats are content with the single-director structure...

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