the WHITE HOUSEPresident Barack Obama

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Director Richard Cordray Invites Local Leaders to Partner with CFPB in Protecting Consumers

Summary: 
CFPB Director Richard Cordray joins local leaders to discuss shared work in protecting consumers.

On Tuesday, I joined Consumer Financial Protection Bureau (CFPB) Director Richard Cordray and state and local officials from across the country for a Local Leaders Call to discuss how the CFPB is working to protect consumers and make markets for consumer financial products and services work for Americans.

Director Cordray, who previously served as Franklin County Ohio Treasurer, Ohio State Representative, Ohio State Treasurer and Ohio State Attorney General, spoke about his experiences as a state and local official and the importance of the CFPB partnering with local enforcement organizations to prevent predatory lenders from taking advantage of the American people.

He also discussed the Bureau’s work to protect students and veterans and highlighted the Executive Order that President Obama signed on Friday to crack down on bad actors who prey on veterans and servicemembers considering higher education.

You can find out more about the CFPB at www.consumerfinance.gov or by following the agency on Twitter at @CFPB.

David Agnew is Director of Intergovernmental Affairs and Deputy Assistant to the President