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Democratic AGs Fight To Keep Consumer Financial Protection Bureau Independent

Friday, January 27, 2017
Zachary Reyes | Consumnes Connection
Michael Calhoun

"The Center for Responsible Lending will continue to support the CFPB and Director Cordray as the Bureau fights to maintain its independent structure so it can carry out its mission", said Center for Responsible Lending President Mike Calhoun. That's why a number of consumer advocates and more than a dozen state attorneys general have stepped up, seeking to defend the CFPB if the new executive branch won't. Cordray's tenure will come to its natural conclusion in July of 2018, and he has made it clear that he does not anticipate any unexpected changes in the way the agency operates.