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Cordray’s first words on Trump administration
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Consumer Protection, Legislation
Monday, January 30, 2017
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Consumer Financial Protection Bureau (CFPB) Director Richard Cordray addressed multiple uncertainties about the future of the bureau’s mission, structure and legislation that could affect it on both fronts during a recent recorded interview with The Wall Street Journal.
Cordray was candid talking about the bureau’s record of enforcement actions and other activities aimed at providing consumer protection and following his interpretation of congressional directives laid out for the bureau. He was less open to addressing questions regarding how President Donald Trump’s administration will affect the CFPB’s structure and his role and the bureau. Read on to learn more about what he had to say.
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