All posts tagged "Richard Cordray"

One of the agencies that Elon Musk's Department of Government Efficiency (DOGE) is tasked with downsizing is the Consumer Financial Protection Bureau — the very same agency that will decide whether Musk's social media platform X will be permitted to offer mobile payment services à la Paypal.

Musk has claimed that he's policing himself and has no conflicts of interest between his business ventures and his new government role. But experts say that assertion is a joke.

National Public Radio spoke with Richard Cordray, who led the CFPB under President Barack Obama....

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WASHINGTON — US President Barack Obama on Thursday scolded his Republican critics for blocking his nominee to lead a new consumer watchdog agency tasked with protecting Americans from finance industry abuses.

President Barack Obama speaks about the Senate blocking Richard Cordray as his nomination to the Consumer Protection Bureau.

Watch this live video from CNN, broadcast Nov. 25, 2011.

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Gene Sperling, director of the National Economic Council and assistant to the President for Economic Policy, told MSNBC's Rachel Maddow on Wednesday that Republicans were endangering Americans by resisting the confirmation of Richard Cordray.

WASHINGTON — The White House Wednesday warned that Republican opposition to the nomination of a chief for a new consumer watchdog agency left millions of Americans open to abuses from the finance industry.