Ohio AG To Head Enforcement At New Consumer Bureau

Law360, New York (December 15, 2010, 7:37 PM EST) -- Outgoing Ohio Attorney General Richard Cordray has landed a top leadership spot in the Obama administration’s new Consumer Financial Protection Bureau.

On Wednesday the U.S. Department of the Treasury confirmed that Cordray had been picked to build the enforcement division at the bureau established under the Dodd-Frank Wall Street Reform and Consumer Protection Act and tasked with policing consumer financial products, including mortgages and credit cards. The bureau — still in its infancy — is expected to be ready for an official launch in July 2011....
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