Consumers Triumphed Today!
Thank the President and Cordray for Today's Victory
Earlier today, President Obama used his authority to bypass the gridlock on Capitol Hill and make a recess appointment for the well-qualified CFPB director. For months, 44 Republican senators vowed to block Cordray’s appointment despite his recognized merit. The American people needed our leaders to take action and Obama did just that.
Write to the President and Richard Cordray; thank them for ensuring that we have a strong leader at the helm of the Consumer Financial Protection Bureau.
Cordray has a record of fair and sensible enforcement against dubious financial actors. As Ohio Attorney General, he took the big banks and mortgage servicers to task and shed light on their extensive trail of fraudulent “robosigned” documents. He will hold lenders accountable and will be a critical ally for Latino families who are commonly targets of tricks and deception buried in the fine print of mortgages, credit cards, and money transfers.
Director, Wealth-Building Policy Project