Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Washington
NEW: Senate Moves Forward To Place Cordray As Official CFPB Head
WASHINGTON (7/16/14, UPDATE 11:45 a.m. ET)--The U.S. Senate just voted 71-29 to end the filibuster against Richard Cordray, whose nomination to officially head the Consumer Financial Protection Bureau has been pending since late 2011. 

The vote for final passage is all but certain at this point, and will allow Cordray to officially take on the post he has filled since Elizabeth Warren left the bureau.  Warren is now a U.S. senator from Massachusetts.
 
Cordray, a former Ohio attorney general, started at the CFPB as its enforcement director. His nomination has drawn strong opposition from many Republicans, who said they would oppose any nominee unless the CFPB's funding and leadership structures were changed.


RSS





print
News Now LiveWire
Registration now open for @CUNA @WOCCU summer conference in Denver July 12-15 http://t.co/opq1jypsXL #ACUC #CUinDenver2015
11 hours ago
Emergency loans post- #Blizzard2015 offered by @ScientFCU in Conn. http://t.co/U9tIBzPOZV
12 hours ago
Did you get your spot in the @CUCB #CherryBlossom 10 Mile Run? Check lottery results here http://t.co/6rxT0osyWJ @CU4Kids @CMNHospitals
12 hours ago
@FamilyFirstFCU has implemented a grant program through the FHLB of NY to help first-time home buyers.
13 hours ago
#BREAKING: @federalreserve offers few new hints on rate-hike timing in policy statement http://t.co/lgZ6zZ1Vrr
14 hours ago