Sunday, July 17, 2011

Obama Picks Richard Cordray to Lead Consumer Financial Protection Bureau

Someone owes someone one a very, very nice Christmas gift.

"Elizabeth Warren confirmed the news of Cordray's nomination in a statement to The Huffington Post. "Rich has always had my strong support because he is tough and he is smart-and that's exactly the combination this new agency needs," she said. "He was one of the first senior leaders I recruited for the agency, and his work and commitment have made it clear that he will make a stellar director.""

Huffington Post

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