Richard Cordray: Consumers’ Biggest Fan
Director Richard Cordray of the CFPB discussed Tuesday the implementation of the Dodd-Frank Act and the creation of the CFPB. In addition to reporting on specific accomplishments, Cordray addressed the overarching goals of the agency, saying "at the heart of our mission is the premise that consumers deserve to have someone stand on their side and make sure they are treated fairly in the financial marketplace." Thomas Curry of the OCC also provided this insight regarding improvements to safety and soundness since implementing the Dodd-Frank Act. [9/10/14]