Did the GOP Find Cause to Oust Cordray?
Republican staffers on the House Financial Services Committee allege in a report the CFPB likely violated the Administrative Procedure Act when issuing regulations on the auto lending industry. This could be the smoking gun the GOP is seeking to use to get rid of Cordray under the Dodd-Frank Act, which stipulates that the director of the CFPB can only be fired for cause. [1/23/17]


