CFPB Director Cordray To Resign After Turbulent Tenure

Law360, New York (November 15, 2017, 12:05 PM EST) -- Consumer Financial Protection Bureau Director Richard Cordray on Wednesday told the bureau's staff that he intends to step down by the end of the month, ending speculation about whether President Donald Trump would fire the controversial official.

Richard Cordray, seen here in June 2016, said Wednesday that he would be leaving his post as the Consumer Financial Protection Bureau's first director. (Getty) Cordray, the CFPB's first and only director thus far, leaves amid speculation that he may launch a bid for governor of his home state of Ohio, although he has not officially launched a campaign or said what his next...

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