VICTORY! Senate Confirms Richard Cordray as Director of the CFPB!
By Consumers Union on Tuesday, July 16th, 2013
Thanks to overwhelming activism from consumers like you the Senate voted 66-34 to confirm Richard Cordray as Director of the Consumer Financial Protection Bureau!
Some lawmakers had refused to consider any nominee unless changes were made to the CFPB that would weaken its ability to protect consumers. A deal was reached today and a bipartisan group of Senators voted to move forward on the confirmation. Today, led by Senator McCain, the Senate reached a reasonable compromise and consumers have won a hard fought victory.
Again, thank you to the thousands of Consumers Union activists that took action and joined us in the fight for consumer protections. Your calls, emails, and lobbying efforts made a difference!