Richard Cordray

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20h
Reuters
U.S. consumer agency lays out principles for financial data collectionprinciples express our vision for realizing an innovative market that gives con
Reuters / Posted 20 hours ago
principles express our vision for realizing an innovative market that gives consumers protection and value,” CFPB Director Richard Cordray said in a statement. The principles serve as a blueprint for companies that rely on consumers voluntarily... Read more
2d
Reuters
U.S. consumer watchdog's enforcement chief to step downhas led the bureau’s enforcement operations during most of its six years of exi
Reuters / Posted 2 days ago
has led the bureau’s enforcement operations during most of its six years of existence, the Journal said, helping Director Richard Cordray run the agency that is reviled by Republicans who say it reaches too far in its rules and enforcement and... Read more
2d
The Hill
Lawmakers nearing deal to ease bank regs | EPA to limit settlements with green groups | Trump promises action on drug pricesThe agency said the Education Department didn't express any concerns before can
The Hill / Posted 2 days ago
The agency said the Education Department didn't express any concerns before canceling the partnership. CFPB Director Richard Cordray defended his agency's work in a lengthy response to DeVos, asking her to reconsider the decision. Health... Read more
2d
The Hill
White House paper touts benefits of tax cuts | GOP senator’s absence puts budget, tax reform on knife’s edge | Cohn: Congress nearing deal to ease bank regulationsDeVos’s claims and said the Education Department hadn’t expressed concerns befo
The Hill / Posted 2 days ago
DeVos’s claims and said the Education Department hadn’t expressed concerns before canceling the partnership. CFPB Director Richard Cordray defended his agency’s work in a lengthy response to DeVos, asking her to reconsider the decision:... Read more
3 related articles
2d
The Hill
Hensarling praises DeVos decision to end partnership with consumer bureauDeVos’s claims and said the Education Department hadn’t expressed concerns befo
The Hill / Posted 2 days ago
DeVos’s claims and said the Education Department hadn’t expressed concerns before canceling the partnership. CFPB Director Richard Cordray defended his agency’s work in a lengthy response to DeVos, asking her to reconsider the... Read more
4d
New York Post
These Obama appointees could cause another housing collapsefor another housing-market crash, industry officials warn. Meanwhile, the othe
New York Post / Posted 4 days ago
for another housing-market crash, industry officials warn. Meanwhile, the other Obama holdover — liberal Democrat Richard Cordray, who continues to head the Consumer Financial Protection Bureau through 2018 — has launched an unprecedented... Read more
5d
La Prensa San Diego
Nueva Regulación Frena Préstamos Abusivosla CFPB pone fin a las trampas de deuda que han afectado a las comunidades de t
La Prensa San Diego / Posted 5 days ago
la CFPB pone fin a las trampas de deuda que han afectado a las comunidades de todo el país”, dijo el director de la CFPB, Richard Cordray a través de un comunicado de prensa. “Con demasiada frecuencia, los prestatarios que necesitan dinero rápido... Read more
230 related articles
6d
The Hill
Senate should vacate the harmful consumer banking arbitration ruleand soundness of community banks and its effect on consumers that the CFPB’s an
The Hill / Posted 6 days ago
and soundness of community banks and its effect on consumers that the CFPB’s analysis did not answer. I asked Director Richard Cordray to hold off publishing the rule so that the Office of the Comptroller of the Currency could conduct an... Read more
7d
Detroit Free Press
Payday loans rule could lead to cheaper alternativescycle of taking on new debt to pay back old debt can turn a single, unaffordabl
Detroit Free Press / Posted 7 days ago
cycle of taking on new debt to pay back old debt can turn a single, unaffordable loan into a long-term debt trap," Richard Cordray, director of the Consumer Financial Protection Bureau, said in a statement. Some people don't have other... Read more
3 related articles
10d
The Washington Times
Abuse by the administrative stateeffective accountability to keep the powers of the state in check so that perso
The Washington Times / Posted 10 days ago
effective accountability to keep the powers of the state in check so that personal liberty would not be infringed. Under Richard Cordray, whom Mr. Obama appointed to lead the bureau and who is often busy cultivating an ambition to run for... Read more
12d
KERA North Texas
Consumer Watchdog Proposes New Rules On Payday Lendersclose their accounts. "Too often, borrowers who need quick cash end up trapped
KERA North Texas / Posted 12 days ago
close their accounts. "Too often, borrowers who need quick cash end up trapped in loans they can't afford," CFPB Director Richard Cordray said in a statement. "The rule's common-sense ability-to-repay protections prevent lenders from succeeding by... Read more
52 related articles
12d
KPBS San Diego
Consumer Watchdog Proposes New Rules On Payday Lendersclose their accounts. "Too often, borrowers who need quick cash end up trapped
KPBS San Diego / Posted 12 days ago
close their accounts. "Too often, borrowers who need quick cash end up trapped in loans they can't afford," CFPB Director Richard Cordray said in a statement. "The rule's common-sense ability-to-repay protections prevent lenders from succeeding by... Read more
52 related articles
12d
CBS 58 Milwaukee
Federal agency cracks down on payday lenderscommon-sense ability-to-repay protections prevent lenders from succeeding by se
CBS 58 Milwaukee / Posted 12 days ago
common-sense ability-to-repay protections prevent lenders from succeeding by setting up borrowers to fail," CFPB Director Richard Cordray said in a statement. Every year, some 12 million people borrow a total of $50 billion, spending some $7... Read more
52 related articles
13d
The Champaign News-Gazette
Federal regulator clamps down on payday lending industrycommon-sense ability-to-repay protections prevent lenders from succeeding by se
The Champaign News-Gazette / Posted 13 days ago
common-sense ability-to-repay protections prevent lenders from succeeding by setting up borrowers to fail," CFPB Director Richard Cordray (above) said in a statement. The payday lending industry has a significant lobbying presence in Washington,... Read more
52 related articles
13d
Arkansas Democrat-Gazette
U.S. set to rein in payday lendingprotections prevent lenders from succeeding by setting up borrowers to fail," C
Arkansas Democrat-Gazette / Posted 13 days ago
protections prevent lenders from succeeding by setting up borrowers to fail," Consumer Financial Protection Bureau Director Richard Cordray said in a statement. While the industry may garner little sympathy from the public, there is an economic... Read more
52 related articles
13d
KRBC Abilene & KTAB Abilene
Federal agency cracks down on payday lenderscommon-sense ability-to-repay protections prevent lenders from succeeding by se
KRBC Abilene & KTAB Abilene / Posted 13 days ago
common-sense ability-to-repay protections prevent lenders from succeeding by setting up borrowers to fail," CFPB Director Richard Cordray said in a statement. Every year, some 12 million people borrow a total of $50 billion, spending some $7... Read more
52 related articles
13d
WFMJ Youngstown
Federal regulator clamps down on payday lending industrycommon-sense ability-to-repay protections prevent lenders from succeeding by se
WFMJ Youngstown / Posted 13 days ago
common-sense ability-to-repay protections prevent lenders from succeeding by setting up borrowers to fail," CFPB Director Richard Cordray said in a statement. While the industry may garner little sympathy from the public, there is an economic... Read more
52 related articles
13d
WREG-TV Memphis
Federal regulator clamps down on payday lending industrycommon-sense ability-to-repay protections prevent lenders from succeeding by se
WREG-TV Memphis / Posted 13 days ago
common-sense ability-to-repay protections prevent lenders from succeeding by setting up borrowers to fail,” CFPB Director Richard Cordray said in a statement. While the industry may garner little sympathy from the public, there is an economic... Read more
52 related articles
13d
The Hill
NRA gives ground on bump stocks | Consumer agency issues payday lending rule | Feds weigh changes to sage grouse plan |lobbyist tapped for EPA No. 2effort to hold payday and car title lenders to stricter standards that could ha
The Hill / Posted 13 days ago
effort to hold payday and car title lenders to stricter standards that could hamper much of the industry. CFPB Director Richard Cordray called the rule "a stop to the payday debt traps that have plagued communities across the country. What the... Read more
13d
KCTV 5 Kansas City
Washington takes on payday loan industrycommon-sense ability-to-repay protections prevent lenders from succeeding by se
KCTV 5 Kansas City / Posted 13 days ago
common-sense ability-to-repay protections prevent lenders from succeeding by setting up borrowers to fail," CFPB Director Richard Cordray said in a statement. While the industry may garner little sympathy from the public, there is an economic... Read more
52 related articles
13d
FOX Carolina
Washington takes on payday loan industrycommon-sense ability-to-repay protections prevent lenders from succeeding by se
FOX Carolina / Posted 13 days ago
common-sense ability-to-repay protections prevent lenders from succeeding by setting up borrowers to fail," CFPB Director Richard Cordray said in a statement. While the industry may garner little sympathy from the public, there is an economic... Read more
52 related articles
13d
FOX 12 Oregon
Washington takes on payday loan industrycommon-sense ability-to-repay protections prevent lenders from succeeding by se
FOX 12 Oregon / Posted 13 days ago
common-sense ability-to-repay protections prevent lenders from succeeding by setting up borrowers to fail," CFPB Director Richard Cordray said in a statement. While the industry may garner little sympathy from the public, there is an economic... Read more
52 related articles
13d
Eyewitness News 3 Hartford
Washington takes on payday loan industrycommon-sense ability-to-repay protections prevent lenders from succeeding by se
Eyewitness News 3 Hartford / Posted 13 days ago
common-sense ability-to-repay protections prevent lenders from succeeding by setting up borrowers to fail," CFPB Director Richard Cordray said in a statement. While the industry may garner little sympathy from the public, there is an economic... Read more
52 related articles
13d
FOX 5 Las Vegas
Washington takes on payday loan industrycommon-sense ability-to-repay protections prevent lenders from succeeding by se
FOX 5 Las Vegas / Posted 13 days ago
common-sense ability-to-repay protections prevent lenders from succeeding by setting up borrowers to fail," CFPB Director Richard Cordray said in a statement. While the industry may garner little sympathy from the public, there is an economic... Read more
52 related articles
13d
The Hill
House passes budget in big step to tax reform | WH rules out forgiving Puerto Rico's debt | Consumer agency releases payday lending rule | Senate confirms Trump's first Fed nomineeeffort to hold payday and car title lenders to stricter standards that could ha
The Hill / Posted 13 days ago
effort to hold payday and car title lenders to stricter standards that could hamper much of the industry. CFPB Director Richard Cordray called the rule "a stop to the payday debt traps that have plagued communities across the country." "Too... Read more
13d
WSMV Nashville
Washington takes on payday loan industrycommon-sense ability-to-repay protections prevent lenders from succeeding by se
WSMV Nashville / Posted 13 days ago
common-sense ability-to-repay protections prevent lenders from succeeding by setting up borrowers to fail," CFPB Director Richard Cordray said in a statement. While the industry may garner little sympathy from the public, there is an economic... Read more
52 related articles
13d
Boston Globe
Payday lending faces tough new restrictions by consumer agencyprotections bring needed reform to a market where far too often lenders have su
Boston Globe / Posted 13 days ago
protections bring needed reform to a market where far too often lenders have succeeded by setting up borrowers to fail,” Richard Cordray, the consumer bureau’s director, said during a call with reporters to discuss the rule. Until now, payday... Read more
52 related articles
13d
Reuters
New U.S. rule on payday loans to hurt industry, boost banks: agencyrefinance or roll over existing loans. They pay fees and additional interest th
Reuters / Posted 13 days ago
refinance or roll over existing loans. They pay fees and additional interest that increase lenders’ profits, CFPB Director Richard Cordray said on a call with reporters. “Lenders actually prefer customers who will re-borrow repeatedly,” he... Read more
52 related articles
13d
TribLIVE
Consumer protection bureau cracks down on payday lendersbureau cracks down on payday lenders In this Nov. 12, 2013, file photo, Consum
TribLIVE / Posted 13 days ago
bureau cracks down on payday lenders In this Nov. 12, 2013, file photo, Consumer Financial Protection Bureau Director Richard Cordray testifies before a Senate Committee on Banking hearing on Capitol Hill in Washington. WASHINGTON - The... Read more
52 related articles
13d
New York Post
Regulators are planning a crackdown on payday loansreleased by the Consumer Financial Protection Bureau. The CFPB rules were focu
New York Post / Posted 13 days ago
released by the Consumer Financial Protection Bureau. The CFPB rules were focused on preventing “debt traps,” director Richard Cordray said in a statement. The bureau found that four out of five payday loans are “re-borrowed” in a month,... Read more
52 related articles
13d
Market Watch
The CFPB is shutting down a lot of payday loans — where will consumers go next?CFPB’s new rule puts a stop to the payday debt traps that have plagued communit
Market Watch / Posted 13 days ago
CFPB’s new rule puts a stop to the payday debt traps that have plagued communities across the country,” said CFPB Director Richard Cordray. “Too often, borrowers who need quick cash end up trapped in loans they can’t afford.” The CFPB issued the... Read more
52 related articles
13d
San Antonio Express-News
Federal regulator clamps down on payday lending industrycommon-sense ability-to-repay protections prevent lenders from succeeding by se
San Antonio Express-News / Posted 13 days ago
common-sense ability-to-repay protections prevent lenders from succeeding by setting up borrowers to fail,” CFPB Director Richard Cordray said in a statement. While the industry may garner little sympathy from the public, there is an economic... Read more
52 related articles
13d
Darien News-Review
Federal regulator clamps down on payday lending industrycommon-sense ability-to-repay protections prevent lenders from succeeding by se
Darien News-Review / Posted 13 days ago
common-sense ability-to-repay protections prevent lenders from succeeding by setting up borrowers to fail," CFPB Director Richard Cordray said in a statement. While the industry may garner little sympathy from the public, there is an economic... Read more
52 related articles
13d
Reuters
New U.S. rule on payday loans to hurt industry, help banks: agencyor roll over existing loans. They pay fees and additional interest along the wa
Reuters / Posted 13 days ago
or roll over existing loans. They pay fees and additional interest along the way that plump lenders’ profits, CFPB Director Richard Cordray said on a call with reporters. “Lenders actually prefer customers who will re-borrow repeatedly,” he... Read more
52 related articles
13d
CBS News
Federal agency cracks down on payday lenderscommon-sense ability-to-repay protections prevent lenders from succeeding by se
CBS News / Posted 13 days ago
common-sense ability-to-repay protections prevent lenders from succeeding by setting up borrowers to fail," CFPB Director Richard Cordray said in a statement. Every year, some 12 million people borrow a total of $50 billion, spending some $7... Read more
52 related articles
13d
The Greater New Milford Spectrum
Federal regulator clamps down on payday lending industrycommon-sense ability-to-repay protections prevent lenders from succeeding by se
The Greater New Milford Spectrum / Posted 13 days ago
common-sense ability-to-repay protections prevent lenders from succeeding by setting up borrowers to fail," CFPB Director Richard Cordray said in a statement. While the industry may garner little sympathy from the public, there is an economic... Read more
52 related articles
13d
WFMZ Eastern Pennsylvania and Western New Jersey
Federal regulator clamps down on payday lending industrycommon-sense ability-to-repay protections prevent lenders from succeeding by se
WFMZ Eastern Pennsylvania and Western New Jersey / Posted 13 days ago
common-sense ability-to-repay protections prevent lenders from succeeding by setting up borrowers to fail," CFPB Director Richard Cordray said in a statement. While the industry may garner little sympathy from the public, there is an economic... Read more
52 related articles
13d
The Fairfield Citizen
Federal regulator clamps down on payday lending industrycommon-sense ability-to-repay protections prevent lenders from succeeding by se
The Fairfield Citizen / Posted 13 days ago
common-sense ability-to-repay protections prevent lenders from succeeding by setting up borrowers to fail," CFPB Director Richard Cordray said in a statement. While the industry may garner little sympathy from the public, there is an economic... Read more
52 related articles
13d
Stamford Advocate
Navient Lawsuits: What Student Loan Borrowers Need to Knowyou have federal loans. When it comes to student loan servicing, “consumers ca
Stamford Advocate / Posted 13 days ago
you have federal loans. When it comes to student loan servicing, “consumers cannot easily take their business elsewhere,” Richard Cordray, director of the Consumer Financial Protection Bureau, said in a statement in January, when the agency filed... Read more
13d
Stamford Advocate
Federal regulator clamps down on payday lending industrycommon-sense ability-to-repay protections prevent lenders from succeeding by se
Stamford Advocate / Posted 13 days ago
common-sense ability-to-repay protections prevent lenders from succeeding by setting up borrowers to fail," CFPB Director Richard Cordray said in a statement. While the industry may garner little sympathy from the public, there is an economic... Read more
52 related articles
13d
Chattanooga Times Free Press
Federal regulator clamps down on payday lending industrycommon-sense ability-to-repay protections prevent lenders from succeeding by se
Chattanooga Times Free Press / Posted 13 days ago
common-sense ability-to-repay protections prevent lenders from succeeding by setting up borrowers to fail," CFPB Director Richard Cordray said in a statement. While the industry may garner little sympathy from the public, there is an economic... Read more
52 related articles
13d
The New Canaan News
Federal regulator clamps down on payday lending industrycommon-sense ability-to-repay protections prevent lenders from succeeding by se
The New Canaan News / Posted 13 days ago
common-sense ability-to-repay protections prevent lenders from succeeding by setting up borrowers to fail," CFPB Director Richard Cordray said in a statement. While the industry may garner little sympathy from the public, there is an economic... Read more
52 related articles
13d
Connecticut Post
Federal regulator clamps down on payday lending industryability-to-repay protections prevent lenders from succeeding by setting up borr
Connecticut Post / Posted 13 days ago
ability-to-repay protections prevent lenders from succeeding by setting up borrowers to fail," said CFPB Director Richard Cordray in a statement. The CFPB is announcing other restrictions as well, like the number of times a payday lender... Read more
52 related articles
13d
WFTV 9 Orlando
Federal regulator clamps down on payday lending industrycommon-sense ability-to-repay protections prevent lenders from succeeding by se
WFTV 9 Orlando / Posted 13 days ago
common-sense ability-to-repay protections prevent lenders from succeeding by setting up borrowers to fail," CFPB Director Richard Cordray said in a statement. While the industry may garner little sympathy from the public, there is an economic... Read more
52 related articles
13d
Orlando Sentinel
Federal regulator clamps down on payday lending industryability-to-repay protections prevent lenders from succeeding by setting up borr
Orlando Sentinel / Posted 13 days ago
ability-to-repay protections prevent lenders from succeeding by setting up borrowers to fail," said CFPB Director Richard Cordray in a statement. The CFPB is announcing other restrictions as well, like the number of times a payday lender... Read more
52 related articles
13d
The Hill
Consumer bureau releases short-term lending rule meant to curb debt trapseffort to hold payday and car title lenders to stricter standards that could ha
The Hill / Posted 13 days ago
effort to hold payday and car title lenders to stricter standards that could hamper much of the industry. CFPB Director Richard Cordray called the rule “a stop to the payday debt traps that have plagued communities across the country.” “Too... Read more
13d
San Francisco Chronicle
'Monopoly man' trolls former Equifax CEO Richard Smith at Senate hearingto block the rule this summer. The CFPB has repeatedly defended the rule as a
San Francisco Chronicle / Posted 13 days ago
to block the rule this summer. The CFPB has repeatedly defended the rule as a necessary protection for consumers. Richard Cordray, the agency's director, recently wrote in a New York Times op-ed that by blocking collective... Read more
71 related articles
13d
Greenwich Time
'Monopoly man' trolls former Equifax CEO Richard Smith at Senate hearingto block the rule this summer. The CFPB has repeatedly defended the rule as a
Greenwich Time / Posted 13 days ago
to block the rule this summer. The CFPB has repeatedly defended the rule as a necessary protection for consumers. Richard Cordray, the agency's director, recently wrote in a New York Times op-ed that by blocking collective... Read more
71 related articles
13d
The News-Times
'Monopoly man' trolls former Equifax CEO Richard Smith at Senate hearingto block the rule this summer. The CFPB has repeatedly defended the rule as a
The News-Times / Posted 13 days ago
to block the rule this summer. The CFPB has repeatedly defended the rule as a necessary protection for consumers. Richard Cordray, the agency's director, recently wrote in a New York Times op-ed that by blocking collective... Read more
71 related articles
14d
Bangor Daily News
‘Monopoly man’ trolls former Equifax CEO at Senate hearingto block the rule this summer. The CFPB has repeatedly defended the rule as a
Bangor Daily News / Posted 14 days ago
to block the rule this summer. The CFPB has repeatedly defended the rule as a necessary protection for consumers. Richard Cordray, the agency’s director, recently wrote in a New York Times op-ed that by blocking collective... Read more
71 related articles
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