A year after the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 were signed into law and the Consumer Financial Protection Bureau is finally open for business—albiet without a director at the helm.
[Related Article: Un-Warrented: American Consumers Lose their Biggest Defender]
To say that it’s been a tumultuous year for the new consumer agency—and its creator, Elizabeth Warren—would be an understatement. The fact is, the CFPB has been caught up in a political battle over who will lead the new agency from day one. And despite Elizabeth Warren being the clear first choice, President Obama’s nomination of former Ohio Attorney General Richard Cordray just three days ago was a disappointment to many consumer advocates and Elizabeth Warren supporters –including Credit.com’s chairman and founder, Adam Levin. Take a look:
Is Richard Cordray right for the job of director of CFPB?
Levin on Richard Cordray, Elizabeth Warren and his hopes for the new consumer bureau with Harris Faulkner with Fox News.com.
Levin speaks out: The CFPB’s Pro-Consumer Stance Isn’t Anti-Business
Adam Levin and Aaron Task from The Daily Ticker debate the CFPB’s mission and how it will help level the playing field for American consumers.
Levin Blasts the GOP’s Opposition to the CFPB
Levin shares his thoughts on the GOP’s war against the CFPB and Obama’s choice of Richard Cordray over Elizabeth Warren with The Daily Ticker’s host, Aaron Task.