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Category: Press release |
Published

CFPB Adopts Rule for the Protection of Privileged Information

“We are committed to safeguarding the confidential information of the institutions we supervise to ensure the Bureau is best equipped to do its job and protect consumers,” said CFPB Director Richard Cordray. “This new rule supports the free flow of information that is essential to an effective supervision program.”

Category: Press release |
Published

CFPB Proposes Procedural Rule on Supervising Nonbanks that Pose Risks to Consumers

“This is an important step in the development of our nonbank supervision program,” said CFPB Director Richard Cordray. “This proposal allows us to reach nonbanks that we would not otherwise supervise, while providing industry with a streamlined process that is fair and efficient.”

Category: Speech |
Published

Prepared Remarks by Richard Cordray Before the 2012 Simon New York City Conference

Let me emphasize at the outset that we all have certain goals in common: a strong and vibrant financial sector; the ability to earn and maintain the public’s trust and confidence; fidelity to the highest standards of business ethics and excellent customer service; and a highly competitive economy that works for Americans in both the short run and the long run.

Category: Speech |
Published

Prepared Remarks by Richard Cordray before the U.S. Chamber of Commerce

And we have certain goals in common: a strong and vibrant financial sector; a highly competitive economy that works for Americans in both the short run and the long run; the ability to earn and maintain the public’s trust and confidence; and fidelity to the highest standards of business ethics, the kind that the Chamber was founded upon exactly a century ago.

Category: Testimony |
Published

Testimony of Richard Cordray before the Subcommittee on TARP, Financial Services and Bailouts of Public and Private Programs

Moreover, we need and want to hear from you. At every stage, I believe that input from Congress will help improve our work and our ability to deliver real value to American consumers. I look forward to an open dialogue with Congress on the many important issues that affect your constituents and consumer financial markets nationwide.