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President Obama on Dec. 4 bypassed intransigent Republican senators and named former Ohio Attorney General Richard Cordray as a recess appointee to direct the Consumer Financial Protection Bureau, allowing the new agency to begin its work in earnest.
January 5 -
Although doing so carries legal risks for the Consumer Financial Protection Bureau, President Barack Obama's decision to recess appoint Richard Cordray to head the new agency was all about politics.
January 5 -
WASHINGTON — While all eyes were on the recess appointment of its first director Wednesday, the Consumer Financial Protection Bureau quietly released guidance that directs supervised banks to turn over any and all information it requests.
January 4 -
When President Obama installed Richard Cordray as director of the CFPB through a recess appointment Wednesday, he set the stage for a legal showdown over the bureau's authority that could take years to resolve.
January 4 -
Presidential elections historically turn on the condition of the economy, and economic recovery has historically relied on a housing market recovery.
January 4
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Although doing so carries legal risks for the Consumer Financial Protection Bureau, President Barack Obama's decision to recess appoint Richard Cordray to head the new agency was all about politics.
January 4 -
Howard Bluver's prior stints at the SEC and the OTS should prove helpful to Suffolk Bancorp as it looks to exit a formal agreement with the OCC.
January 4 -
The Federal Deposit Insurance Corp. has ordered seven ailing community banks to raise fresh capital and directed three others with elevated loan losses to submit written plans for raising capital should credit quality weaken further.
January 4 -
President Obama's decision to call an end-around and avoid opposition to his consumer bureau director runs a serious risk of backfiring.
January 4
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Payment innovation quickened its pace from technology to strategic partnerships last year, setting the stage for some dominant trends in 2012.
January 4
