Jan 5

Past Event

A Discussion with Richard Cordray, Consumer Financial Protection Bureau Director

 

Video

Highlights

  • Leveling the Financial Playing Field

    Richard Cordray, Consumer Financial Protection Bureau: Our responsibilities are clearly explained in the Dodd-Frank Act, so when we need to play a supervisory role we will. But when we have to do more than simply supervise, we’re certainly ready.

  • Know Before You Owe

    Richard Cordray, Consumer Financial Protection Bureau: We feel that consumers really need to know and understand how financial institutions work and our “Know Before You Owe” program is designed to help educate them in that regard.

  • Trusting the Consumer Financial Protection Bureau

    Richard Cordray, Consumer Financial Protection Bureau: I believe that the American people as well as our congressional leaders will soon recognize the importance of the bureau and will support the work its tasked with doing.

Full Event

  • Trusting the Consumer Financial Protection Bureau

    Richard Cordray, Consumer Financial Protection Bureau: I believe that the American people as well as our congressional leaders will soon recognize the importance of the bureau and will support the work its tasked with doing.

Audio

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Summary

On January 5, the Brookings Institution hosted Richard Cordray, the former attorney general of Ohio and newly appointed director of the Consumer Financial Protection Bureau, for a conversation on his vision for the new consumer agency.

Cordray served as the Attorney General of Ohio where he built a strong record of protecting consumers from fraudulent disclosures and financial predators. Prior to that, Cordray was Ohio’s State Treasurer and in 2008 received a Financial Services Champion award from the U.S. Small Business Administration and a Government Service Award from NeighborWorks America. He most recently served as the Chief of Enforcement at the Consumer Financial Protection Bureau, an agency created in July 2011.

Senior Fellow Karen Dynan, vice president and co-director of Economic Studies, provided introductory remarks and moderated the discussion.

After his remarks, Cordray took audience questions.

Event Agenda

Details

January 5, 2012

11:00 AM - 12:00 PM EST

The Brookings Institution

Falk Auditorium

1775 Massachusetts Ave., NW

Map

For More Information

Brookings Office of Communications

(202) 797-6105