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yahoo news

Cordray Announces U.S. Inquiry Into Bank Overdraft Policies
The U.S. Consumer Financial Protection Bureau is starting an inquiry into bank checking account overdraft policies, director Richard Cordray, announced today.

Keeping credit reporting firms, debt collectors honest
Richard Cordray, head of the Consumer Financial Protection Bureau, says in an interview that the agency plans to review the debt and credit firms, which have been unsupervised 'for too long.' Pamela Johnson of Orange is one of many people who have recently received notices from a debt collector called West Bay Acquisitions over supposedly unreturned Hollywood Video DVDs.

3 Things That Could Move Financial Stocks Today
NEW YORK(TheStreet) --- The Consumer Financial Protection Bureau plans to investigate the overdraft fee practices of the largest banks, including Bank of America, JPMorgan Chase and Wells Fargo. CFPB Director Richard Cordray said the investigation would focus on whether banks misled consumers when the Federal Reserve put in place regulations for overdraft protection in 2010 know as "Reg E ...

CFPB Opens Inquiry Into Overdraft Fee Practices
The Consumer Financial Protection Bureau takes its road show to City Wednesday, Feb. 22, to ask bank customers about "their experiences with financial products and services." You can bet there will be a lot of talk about overdraft fees. Richard Cordray, the CFPB director, announced on Tuesday that the bureau had begun an inquiry into ...

Watchdog-in-Chief Richard Cordray Outlines Plan to Clean Up Consumer Lending
Listen to the Audio JEFFREY BROWN: And finally tonight, the head of a new consumer protection agency is in place, but the challenge to the mission and the man continues. NewsHour economics correspondent Paul Solman has the story, part of his ongoing reporting on Making Sense of financial news. PRESIDENT BARACK OBAMA: Today, I'm appointing Richard as America's consumer watchdog. (CHEERING AND ...

Consumer bureau chief Richard Cordray testifies on Hill: Has he charmed the GOP?
If ever there were a man in the hot seat, it would be Richard Cordray, President Obama's recess appointee to head the controversial new Consumer Financial Protection Bureau. But if Mr. Cordray ever felt the need to wipe sweat from his brow during confrontational hearings on Capitol Hill over the last week, he didn't show it.

How Obama’s financial watchdog can prove himself
Is the new Consumer Financial Protection Bureau poised to stamp out lawlessness by the street thugs of American business: debt collection agencies? The answer is a rousing “maybe.” On Friday, the CFPB inserted a 17-page rule proposal into the Federal Register, in a major step toward getting a grip on the out-of-control debt collection business, as well as riding herd over consumer credit bureaus ...

Richard Cordray, Consumer Financial Protection Bureau Director, Touts Enforcement Powers
WASHINGTON — The government's new consumer finance watchdog agency is prepared to sue companies that offer unfair or deceptive mortgages and credit cards, its director said Tuesday.

Consumer watchdog plans 26% increase in its budget
Richard Cordray, head of the Consumer Financial Protection Bureau, gives a House committee few details about how the agency would spend $448 million next year. The agency protecting consumers in the financial marketplace plans to increase its budget 26% next year as it ramps up to full operation, but the newly installed director was short on details about where the money is going — raising the ...

Richard Cordray Boycott By Senate Republicans Fizzles
WASHINGTON -- A Republican boycott of the first official Senate testimony of President Obama's consumer finance watchdog fizzled Tuesday, as only half the GOP members skipped Richard Cordray's appearance out of pique over his recess appointment.



msn serps

Richard Cordray - Wikipedia, the free encyclopedia
Richard Cordray (born May 3, 1959) is an American politician, who is serving as the Director of the United States Consumer Financial Protection Bureau, which ... http://en.wikipedia.org/wiki/Richard_Cordray

Richard Cordray To Lead Consumer Financial Protection Bureau
This article has been updated to include statements from Elizabeth Warren and Timothy Geithner. President Barack Obama will nominate former Ohio Attorney ... http://www.huffingtonpost.com/2011/07/17/richard-cordray-cfpb-elizabeth-warren_n_900967.html

In Richard Cordray, Consumer Agency Would Be Led By Financial Cop ...
In nominating Richard Cordray to lead the fledgling consumer protection agency, President Barack Obama has chosen a man with a reputation as a defender of ... http://www.huffingtonpost.com/2011/07/18/richard-cordray-consumer-protection-agency_n_902135.html

Who is Richard Cordray, and what is he going to do? - The ...
The controversy surrounding Richard Cordray has focused on the process President Obama has used to install him as head of the new Consumer Finance ... http://www.washingtonpost.com/blogs/ezra-klein/post/who-is-richard-cordray-and-what-is-he-going-to-do/2012/01/04/gIQAV4EraP_blog.html

Richard Cordray, The Filibuster And The CFPB | RedState
Senate filibusters over nominations often have more to do with policy issues than the qualifications of a nominee. That’s the case now with the nomination of ... http://www.redstate.com/brian_d/2011/12/07/richard-cordray-the-filibuster-and-the-cfpb/

Ohio Attorney General Mike DeWine - Office of Ohio Attorney ...
Ohio Attorney General Mike DeWine's Office focuses on Ohio law enforcement, legal, consumer, family, victim, nonprofit and business issues. http://www.ohioattorneygeneral.gov/

Obama appoints Richard Cordray to head consumer watchdog bureau ...
CLEVELAND — In a bold act of political defiance, President Obama installed Richard Cordray as head of a new consumer watchdog agency Wednesday, bypassing ... http://www.washingtonpost.com/politics/richard-cordray-appointed-by-obama-to-head-consumer-watchdog-bureau/2012/01/04/gIQAGyqraP_story.html

Richard Cordray | Obama bypassing Senate to appoint Richard ...
Reporting from Washington — President Obama will appoint former Ohio Atty. Gen. Richard Cordray on Wednesday to be the first director of the new Consumer Financial ... http://articles.latimes.com/2012/jan/04/business/la-fi-obama-cordray-20120104

Fast Facts: Richard Cordray, New Director of the Consumer ...
President Obama has put an end to months of Senate filibustering, overriding Republicans and officially appointing Richard Cordray as head of the Consumer ... http://newsfeed.time.com/2012/01/05/richard-cordray-new-head-of-the-consumer-financial-protection-bureau/

Richard Cordray Named Consumer Chief in Recess Appointment ...
President Obama defied deep Republican opposition to appoint Richard Cordray as director of a new consumer protection agency and fill three labor board ... http://www.nytimes.com/2012/01/05/us/politics/richard-cordray-named-consumer-chief-in-recess-appointment.html?pagewanted=all



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Richard Cordray - Wikipedia, the free encyclopedia
Richard Cordray (born May 3, 1959) is an American politician, who is serving as the Director of the United States Consumer Financial Protection Bureau, which ...

Richard Cordray To Lead Consumer Financial Protection Bureau
This article has been updated to include statements from Elizabeth Warren and Timothy Geithner. President Barack Obama will nominate former Ohio Attorney ...

In Richard Cordray, Consumer Agency Would Be Led By Financial Cop ...
In nominating Richard Cordray to lead the fledgling consumer protection agency, President Barack Obama has chosen a man with a reputation as a defender of ...

Who is Richard Cordray, and what is he going to do? - The ...
The controversy surrounding Richard Cordray has focused on the process President Obama has used to install him as head of the new Consumer Finance ...

Richard Cordray, The Filibuster And The CFPB | RedState
Senate filibusters over nominations often have more to do with policy issues than the qualifications of a nominee. That’s the case now with the nomination of ...

Ohio Attorney General Mike DeWine - Office of Ohio Attorney ...
Ohio Attorney General Mike DeWine's Office focuses on Ohio law enforcement, legal, consumer, family, victim, nonprofit and business issues.

Obama appoints Richard Cordray to head consumer watchdog bureau ...
CLEVELAND — In a bold act of political defiance, President Obama installed Richard Cordray as head of a new consumer watchdog agency Wednesday, bypassing ...

Richard Cordray | Obama bypassing Senate to appoint Richard ...
Reporting from Washington — President Obama will appoint former Ohio Atty. Gen. Richard Cordray on Wednesday to be the first director of the new Consumer Financial ...

Fast Facts: Richard Cordray, New Director of the Consumer ...
President Obama has put an end to months of Senate filibustering, overriding Republicans and officially appointing Richard Cordray as head of the Consumer ...

Richard Cordray Named Consumer Chief in Recess Appointment ...
President Obama defied deep Republican opposition to appoint Richard Cordray as director of a new consumer protection agency and fill three labor board ...

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