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Richard Cordray

Rich Cordray: Facing a Meritless Industry Legal Challenge and Mislabeled “Reform” Proposals Designed to Weaken It, the CFPB Continues to Fight For and Protect American Consumers From Wall Street’s Illegal, Predatory Actions

With Wall Street’s biggest firms -- and Goldman Sachs in particular -- setting the agenda, it is no surprise that the Consumer Financial Protection (CFPB) is in the cross-hairs of the Trump Administration and Republicans in Congress.  Because it is a powerful and fearless for financial consumers, Wall Street and its allies love to hate the CFPB and their so-called “reform” proposals are just Trojan Horses intended to gut or kill this agency.