Consumer Financial Protection Bureau Director Richard Cordray is facing pressure to explicitly state his near-term political intentions, and to indicate whether they are affecting the bureau’s near-term rulemaking plans.
House Financial Services Committee Chairman Jeb Hensarling (R-Texas) and Consumer Bankers Association President Richard Hunt have pressed Cordray to clarify whether speculation that he plans to run for governor of Ohio is true and whether that is impacting the bureau’s activities.
Stay on top of what types of questions are being raised about the director’s future and its implications for the bureau.