WASHINGTON — For all the angst over Richard Cordray's controversial recess appointment to run the Consumer Financial Protection Bureau, the new agency chief came out of his first congressional hearing since starting the job remarkably unscathed.

Questions from the GOP-run House Oversight subcommittee were pointed, and revealed continued doubt by some lawmakers about the legitimacy of his hiring. But the tenor was considerably more constructive than past hearings with CFPB officials, including former agency chief Elizabeth Warren.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.