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Judicial Watch • Richard Cordray


Richard Cordray appointment to Consumer Financial Protection Bureau (CFPB)

CFPB is a federal agency launched on July 21, 2011 by the Dodd-Frank Wall Street Reform and Consumer Protection Act. It is funded through the Federal Reserve (in an amount equal to 10% of the Federal Reserve’s budget), alleviating it from congressional oversight through the ordinary appropriations process. On Thursday,…


Consumer Protection Financial Bureau Director Richard Cordray Doubted Constitutionality of His Own Appointment, Documents Uncovered by Judicial Watch Show

“There is a chance…that the appointment would be invalidated by a court.”  Cordray Told Staff His Short Stint “should give to each one of us…a fierce urgency to accomplish the work we are doing together.”  (Washington, DC) –Judicial Watch, the organization that investigates and fights government corruption, announced today that it…

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