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Government

Nov. 16, 2017

Quick review of federal consumer actions could follow Richard Cordray’s departure

Once the first director of the Consumer Financial Protection Bureau leaves his post, California attorneys whose clients are the target of agency actions expect a quick review of outstanding cases.

Quick review of federal consumer actions could follow Richard Cordray’s departure
President Barack Obama and Richard Cordray, his appointee to head the Consumer Financial Protection Bureau.

Once the first director of the Consumer Financial Protection Bureau leaves his post, California attorneys whose clients are the target of agency actions expect a quick review of outstanding cases.

Richard Cordray, appointed by President Barack Obama in 2012 as the head of the new agency, announced Wednesday he intends to leave at the end of the month, well in advance of his term’s expiration in July 2018. In his stead, Deputy Direc...

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