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.