Wednesday, 08 February 2012 22:57

Richard Cordray to Lead Consumer Financial Protection Bureau

During the last several years, GBN members have mobilized to support the creation of the Consumer Financial Protection Bureau (CFPB), and most recently the nomination of Richard Cordray. This work has paid off with Cordray's appointment by President Obama on January 5th to head the bureau.

With a director in place, the CFPB can now perform all of its functions needed to safeguard consumers and small businesses from predatory financial products and services.

This watchdog agency is greatly needed and will need our ongoing support to tackle abusive financial practices. Read our blog post to learn more about Cordray’s appointment.



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