Latest Updates about the New Consumer Financial Protection Bureau
Posted by Matthew Ripa
on Thursday, Jul 28, 2011
in General
Matthew Ripa
Matt is responsible for creating and managing Castel product documentation inclu
User is currently offline
President Barack Obama has selected Richard Cordray, former Ohio Attorney General, as Director of the Consumer Financial Protection Bureau, the strongest consumer watchdog group of its kind. Cordray, most recently served as the bureau’s Chief Enforcement Officer, handing out penalties to financial institutions such as rating agencies and payday lenders, for poor conduct. The Financial Protection Bureau is responsible for many reformations in the consumer market to date and Cordray will no doubt assist the bureau greatly in the furtherance of its goals.
