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Released: October 19, 2011
Attorneys general push for Cordray to lead consumer agency
Source: Ylan Mui, Washington Post (Free Registration)
The White House has enlisted a bipartisan coalition of state attorneys general to help break a blockade by Senate Republicans of President Obama’s nominee to lead the controversial new federal consumer watchdog agency.
The National Association of Attorneys General on Tuesday sent a letter to Senate leaders calling nominee Richard Cordray “brilliant and balanced.” Cordray was an attorney general in Ohio known for his aggressive pursuit of foreclosure fraud before joining the Consumer Financial Protection Bureau (CFPB) as head of enforcement in January. This summer, Obama picked him to lead the fledgling agency, and he now awaits Senate confirmation.
Read Full Article: Attorneys general push for Cordray to lead consumer agency
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