Richard Cordray

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  CFP Board to CFPB: Seniors Drowning in Alphabet Soup of Advisor Credentials

  By Melanie Waddell, AdvisorOne  |  August 21, 2012

  To help thwart the rising use of misleading or fraudulent designations and certifications, the CFP Board is urging the Consumer Financial Protection Bureau to create a ratings system for such credentials.

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  CFPB Rolls Out Financial Aid Shopping Sheet as Student Debt Tops $1 Trillion

  By Melanie Waddell, AdvisorOne  |  July 25, 2012

  As outstanding student loan debt has surpassed the debt consumers hold in credit cards and car loans, the CFPB has just completed a form colleges can use to break down costs and payment options.

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  CFPB Launches Fact-Finding Mission on Elder Abuse

  By Melanie Waddell, AdvisorOne  |  June 15, 2012

  As the White House was holding a symposium Thursday to raise awareness of elder abuse, the director of the CFPB issued a request for information on best practices for elder financial management.

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  Banks Report $31 Billion in Overdraft Fees in 2011 as CFPB Ponders New Rules

  By John Sullivan, AdvisorOne  |  April 20, 2012

  The amount has caught the attention of the Consumer Financial Protection Bureau, which is reviewing bank overdraft practices.

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  The Warren Effect

  By Kenneth Silber, Research  |  February 1, 2012

  Elizabeth Warren presents a conundrum for Wall Street. She is a forceful, well-prepared critic of the financial industry.

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  Obama Uses Recess Appointment to Name Cordray to Head CFPB

  By Melanie Waddell, AdvisorOne  |  January 4, 2012

  President Barack Obama on Wednesday named Richard Cordray through a recess appointment as the director of the Consumer Financial Protection Bureau, a move that Senate Republicans cried is unconstitutional.

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  Senate GOP Blocks Cordray as Head of Consumer Bureau

  By Melanie Waddell, AdvisorOne  |  December 8, 2011

  The Senate fails to move forward nomination of Richard Cordray as first director of the Consumer Financial Protection Board; GOP says director will wield too much power and that CFPB is unaccountable to Congress.

• Senate Banking Panel OKs Cordray to Lead Consumer Agency

  By Melanie Waddell, AdvisorOne  |  October 6, 2011

  The Senate Banking Committee on Thursday approved, by a party line vote of 12-10, the nomination of Richard Cordray as director of the Consumer Financial Protection Bureau. The nomination now goes to the full Senate.

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  CFPB Architect Elizabeth Warren to Run for U.S. Senate

  By Marlene Y. Satter, AdvisorOne  |  September 14, 2011

  Consumer Financial Protection Bureau (CFPB) architect Elizabeth Warren will officially announce a Democratic run for the U.S. Senate seat held by Republican Scott Brown of Massachusetts.

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  Senators at Odds Over Cordray’s CFPB Nomination

  By Melanie Waddell, AdvisorOne  |  September 6, 2011

  Members of the Senate Banking Committee were at odds on Tuesday as to whether Richard Cordray is qualified to be the first director of the Consumer Financial Protection Bureau.