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Judicial Watch • Cordray Weekly Message Feb 6

Cordray Weekly Message Feb 6

Cordray Weekly Message Feb 6

Page 1: Cordray Weekly Message Feb 6

Category:General

Number of Pages:3

Date Created:April 18, 2012

Date Uploaded to the Library:February 20, 2014

Tags:Previn, region, folks, Southeast, Midwest, weekly, ustreasury, ndash, REGIONAL, bureau, years, warren, cfpb, message, staff, Richard, EPA, IRS, ICE, CIA


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From: Warren, Previn (CFPB)  
To: Jackson, Peter (CFPB) ; D'Angelo, Chris(CFPB) ; Canfield, Anna (CFPB)  
Cc: 
Bcc: 
Subject: 	RE: Weekly Message 
Date: 	Mon Feb 2012 14:24:23 EST 
Attachments: 	image002.jpgimage001.png 
Gotcha. This one bad. Thanks for catching.
	
From: Jackson, Peter (CFPB)
	Sent: Monday, February 06, 2012 2:18
To: Warren, Previn (CFPB); D'Angelo, Chris (CFPB); Canfield, Anna (CFPB)
Subject: FW: Weekly Message
	
Very nice note, always. Not sure who crafted this weeks, but James Hupp works Consumer
Engagement (CEE) not TI.
	
From: Cordray, Richard (CFPB)
Sent: Monday, February 06, 2012 11:00
	To: _DL_CFPB_AllHands
	Subject: Weekly Message
	
Description: Description: cid:image001.png@01CCE259.ABBD5320	
February 2012
	
Dear Colleague, have fielded this question frequently from outside the Bureau, and from many you inside the
	Bureau: what difference does make your work that you are recess appointment? one level,
	seems that does not make any difference all. There chance minor chance view,
though everyone entitled his her own opinion) that the appointment would invalidated
	court. were, would nice have safety net place minimize any disruption that would
cause  though not clear how achieve that. Despite that possibility, and have testified
	
congressional hearings, hard see how can anything other than concentrate doing our jobs well can  including especially. have legal responsibilities, and are duty-bound carry them out. Behind these legal responsibilities real need  and felt desire  the public have stand their side strive protect consumers and hence improve theworkings the financial marketplace. Without intending all grandiose defiant, Martin Lutheronce put the matter quite well and succinctly: Here take stand; can other. 
Another way which the question sometimes intended this: recess appointment, you are here for limited term. Does that affect how you approach your work? Again, the initial answer No.Every director that comes and goes the future will here only for limited term. Even full term capped five years. the extent there certain end-point the horizon, that fact not unique toa recess appointment. But (and inevitable that there was going but), the fact that thisappointment for two years (and some conceivable circumstances could shorter) does matter one important respect. For me, two years not unusual time period. first local executiveoffice, was elected for term two years. last state executive office, was elected for term two years. long enough meaningful opportunity. short enough make every dayprecious. This time period should give each one us, and not only me, fierce urgency toaccomplish the work are doing together. None ever knows how long will have the opportunity perform  challenge and stretch ourselves  great setting like this one. Life has its own twists and turns that cannot predict. But every day are here, have the opportunity protect our fellow citizens. Every day have chance figure out and fix the many problems andconcerns that see the consumer financial markets. And these early days, that goes doubly,triply, maybe octuply  because what right now will set the direction for the Bureau the future. are casting the arc, the trajectory, the purposes and the objectives this rather nobleorganization over many years come. there one point that obvious enough here, would seem: Lets Get Cracking! 
Any great organization, over time, comes feel like second family those engaged it. are broadly dispersed across the country, many families are this day and age. But the more know and understand about one another, the more closely knit become. want hear about your stories, your challenges, and your experiences, and will share some them from time time. Let mention one individual particular who exemplifying the drive serve. Kenya McCarter, one ofour examiners the Midwest Region, taking four and half months military leave continue work Special Staff Judge Advocate for the 181st Sustainment Battalion. will represent soldiers andsailors legal proceedings and provide legal support the Brigade Staff variety issues. all wish Kenya the most success his journeys and will look forward welcoming him back our familywhen returns June 15. 
Our thanks also out this week group individuals who have helped keep our family close, evenat distance from one another. The Northeast, West, Midwest, and Southeast regional supervision teams just completed their first full round regional case briefings for their colleagues here D.C.These updates are both written and oral, and are designed provide timely information the current status examinations, upcoming events, and major issues under review each the large bankssupervised the regions. Thanks out all our Regional Directors, Assistant Regional Directors,and Field Exam Managers for facilitating these important briefings, which are important way for stay abreast the work our exam teams, whether San Francisco Manassas. While it, Iwould remiss didnt thank all the other folks the Southeast Region, folks the Northeast Region, folks the Midwest Region, and folks the Western Region, who are workinghard  out sight many based headquarters Washington, DC, but never out mind  tomake consumer financial markets work fairer and more transparent way. 
Because staying connected important, let also single out RMR for finding new, innovative ways share their work with the rest us. Please check out the new Research newsletter. The summaries are just the right size and the information will extremely helpful all think about how tocarry out our responsibilities. Thanks Aaron Schroeder and Jesse Leary for that. Thanks too Patrick Pangan, who prepares weekly RMR Ticker keep date breaking 
news the consumer financial markets. should all endeavor stay informed through these various tools. The more all know, the more capable become. the course canvassing all the great work that you do, will sometimes miss people who havecontributed those efforts, sometimes significantly. With that mind, are grateful also AlexPlunkett COO, who was integral helping improve our process for enrolling public transit benefits. Let also thank few more folks whose contributions had gone unsung around our work onour remittance rule  Milly Dick OGC; James Hupp TI; Eleni Constantine and Dan Rutherford CEE; and David Evans Supervision. Please not hesitate help correct the record aroundsuch things. 
Finally, always worth mentioning when our family grows  quite literally. Belated congratulations toNoah Cuttler External Affairs the birth his son, Shane, last month. 
Sincerely, 
Description: Description: cid:image002.jpg@01CCE259.ABBD5320 
Richard Cordray 
Director