Senate committee approves Richard Cordray to head consumer agency October 6, 2011 | 8:06 am The Senate Banking Committee approved the nomination of former Ohio Atty. Gen. Richard Cordray to be the first director of the new Consumer Financial Protection Bureau, but his confirmation faces a solid Republican roadblock.
Banking. As Chairman of the Senate Banking Committee, Johnson pressed for confirmation and ultimately brought President Obama’s nominee for CFPB chairman, Richard Cordray, to a committee vote despite republican opposition. The committee approved Cordray’s nomination on a party-line 12-10 vote, and Cordray was ultimately confirmed by the full Senate on a 66-34 vote.
· Kavanaugh confirmation fight looms over midterm elections. Senate Democrats outline a strategy to oppose the Supreme Court nominee while Majority Leader.
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CFPB Nominee Cordray Passes Out of Committee, Faces Tough Senate Floor Fight The Senate Banking Committee today voted along partisan lines to approve the nomination of Richard Cordray to head the new Consumer Financial Protection Bureau, but he still faces an uphill battle for confirmation.
1/18/2017 – WASHINGTON, DC – As Congressional republicans pressure president-elect donald Trump to fire the current Director of the Consumer Financial Protection Bureau (CFPB) before his term expires in July of 2018, U.S. Senator Jack Reed (D-RI) and Democratic Senators on the Banking Committee are urging Richard Cordray to continue leading the agency’s fight to protect consumers nationwide.
· Senate Democrats are digging in for a fight supporting Consumer Financial Protection Bureau (CFPB) director richard cordray and appointing Treasury Secretary nominee Steve Mnuchin.
Brown Statement Following Banking Committee Votes On Cordray, White Nominations. "At a time when our Attorney General says that the biggest Wall Street banks are in many ways above the law and the SEC is blocking shareholders’ efforts to break up the banks that they own, we need regulators who will fight every day for taxpayers,
Schumer Statement on CFPB Director Cordray’s Decision to Step Down November 15, 2017. Washington, D.C. – U.S. Senator Chuck Schumer today released the following statement regarding Richard Cordray’s announcement he will be stepping down as the director of the Consumer Financial Protection Bureau (CFPB):
Democrats who control the Senate Banking Committee had enough votes to move ahead with Cordray’s nomination to lead the Consumer Financial Protection Bureau, but all 10 Republicans on the panel.
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