Richard Cordray

2:36pm

Wed July 17, 2013
The Two-Way

'We're Here To Stay' Says Newly Confirmed Consumer Watchdog

Originally published on Wed July 17, 2013 5:11 pm

Richard Cordray, director of the Consumer Financial Protection Bureau.
Ron Sachs/pool Getty Images

One day after his two years in limbo ended and he was confirmed by the Senate as head of the Consumer Financial Protection Bureau, Richard Cordray told NPR that though political bickering held up his nomination he now believes he has bipartisan support for the bureau's work.

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9:41am

Tue July 16, 2013
The Two-Way

Cooling Tensions, Senate Confirms Cordray

Originally published on Tue July 16, 2013 5:11 pm

Senate Majority Leader Harry Reid walks with Sen. Dick Durbin of Illinois (right) after a joint caucus meeting on Monday.
Drew Angerer Getty Images

In the shadow of a dramatic showdown over the filibuster of White House nominations, the Senate voted to advance the nomination of Richard Cordray to head the Consumer Financial Protection Bureau.

The 71-29 cloture vote means the nomination overcame the 60-vote threshold needed to break a filibuster and bring the nomination up for an up-or-down vote before the Senate.

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12:40pm

Thu January 24, 2013
The Two-Way

Can An Ex-Prosecutor Make The SEC Tougher On Wall Street?

Originally published on Fri January 25, 2013 6:38 am

Mary Jo White, then U.S. Attorney for the Southern District of New York, speaks during a May 2001 press conference following guilty verdicts in the trial of four followers of Osama bin Laden that bombed two U.S. embassies in East Africa in 1998. President Obama intends to nominate White to head the Securities and Exchange Commission.
Doug Kanter AFP/Getty Images

President Obama's choice to head the Securities and Exchange Commission has prosecuted terrorists and mobsters. If she's confirmed, Mary Jo White's next challenge will be tackling reckless behavior on Wall Street.

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7:23am

Thu January 24, 2013
The Two-Way

Obama Chooses Former U.S. Attorney Mary Jo White To Head SEC

Originally published on Thu January 24, 2013 8:43 am

Mary Jo White, who President Obama wants to lead the Securities and Exchange Commission.
Brendan McDermid Reuters /Landov

Mary Jo White, a former U.S. attorney in New York who prosecuted terrorists responsible for the bombings of the World Trade Center and U.S. embassies in Africa, will be nominated by President Obama to head the Securities and Exchange Commission.

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10:01pm

Tue February 21, 2012
Business

New Consumer Agency Eyes Bank Overdraft Fees

Originally published on Wed February 22, 2012 7:49 am

Customers use Bank of America ATMs in New York. The head of the Consumer Financial Protection Bureau says it is looking into ways to help consumers limit their exposure to banks' overdraft fees.
Mark Lennihan AP

The Consumer Financial Protection Bureau says it's looking to overhaul rules on overdraft fees. The new agency will be seeking data from banks about how they handle overdrawn accounts, and how they assess fees. The agency plans to use this information to help consumers limit their exposure to these costly charges.

The CFPB estimates that last year, banks made between $15 billion and $22 billion from overdraft fees.

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