Analysis

Cordray's Departure Brings Back CFPB Leadership Questions

Law360, New York (November 15, 2017, 8:04 PM EST) -- The surprise announcement that Consumer Financial Protection Bureau Director Richard Cordray will leave his post by the end of the month has clouded the future of the federal consumer finance watchdog and its leadership.

Questions about President Donald Trump's power to name an acting director for the bureau rather than simply allowing the bureau's current deputy director to hold the spot have already reared their head. That has led some to speculate that the CFPB could face the kinds of questions of legitimacy that existed when Cordray was serving in an acting director capacity prior to his Senate confirmation in 2013....

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!