Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
NEW: Senate Moves Forward To Place Cordray As Official CFPB Head
WASHINGTON (7/16/14, UPDATE 11:45 a.m. ET)--The U.S. Senate just voted 71-29 to end the filibuster against Richard Cordray, whose nomination to officially head the Consumer Financial Protection Bureau has been pending since late 2011. 

The vote for final passage is all but certain at this point, and will allow Cordray to officially take on the post he has filled since Elizabeth Warren left the bureau.  Warren is now a U.S. senator from Massachusetts.
 
Cordray, a former Ohio attorney general, started at the CFPB as its enforcement director. His nomination has drawn strong opposition from many Republicans, who said they would oppose any nominee unless the CFPB's funding and leadership structures were changed.


RSS





print
News Now LiveWire
.@TheNCUA posts latest economic update videol discusses 2015 outlook and "looming risk." https://t.co/hMYTAuvzMz
44 minutes ago
.@TheNCUA issued orders prohibiting 7 from participating in affairs of any federally insured FIs. See #NewsNow Wed. http://t.co/UFBxuYDB8T
2 hours ago
Albuquerque biz journal highlights #NewMexico's #creditunion culture http://t.co/wpD6scAObo
2 hours ago
#NewsNow LCUL's Cochran: 'Old' benefits attract young, new members http://t.co/nqShYqmfzs
2 hours ago
Over 3,000 #creditunions across the nation raised raise > $10,750,000 for local Children's Miracle Network Hospitals in 2014--a new record.
3 hours ago