Congress should not have created the CFPB. Multiple federal agencies already existed to enforce consumer protection laws. The ...

Consumer advocates are cheering the appointment of Richard Cordray as chief of the new Consumer Financial Protection Bureau, but the banking industry is worried he will overreach.

L ast week, Richard Cordray resigned from his perch as director of the Consumer Financial Protection Bureau (CFPB). He stepped down not because he had completed his five-year term, but because he ...

Democrat Richard Cordray's experience as the first director of the Consumer Financial Protection Bureau is the foundation of his gubernatorial campaign in an increasingly nasty, neck-and-neck race ...

The Department of Education announced Monday that Richard Cordray will be the chief operating officer of federal student aid, a high-profile position within the office responsible for managing the ...

Richard Cordray, who was appointed by President Barack Obama, is stepping down as head of the Consumer Financial Protection Bureau. Saul Loeb/AFP/Getty Images Updated at 1:25 p.m. ET ...

Richard Cordray will be the chief operating officer of federal student aid, which is responsible for managing the government's student financial assistance and loan programs.

Richard Cordray will be the chief operating officer of federal student aid, which is responsible for managing the government's student financial assistance and loan programs.

Richard Cordray, the consumer financial protection chief under President Barack Obama, will now head the federal student aid office in the Education Department. Skip to content Skip to site index.

President Obama will nominate former Ohio attorney general Richard Cordray to lead the new Consumer Financial Protection Bureau, sidestepping Harvard professor Elizabeth Warren, who envisioned the ...