Day: March 17, 2016

  • Director Defends CFPB

    Director Defends CFPB

    Consumer Financial Protection Bureau (CFPB) Director Richard Cordray appeared before the House Financial Services Committee yesterday for the first time since September of last year, to provide a semi-annual update on behalf of the agency. In the much-anticipated hearing, Cordray stood by CFPB decisions and was, as expected, flooded with criticisms.