1981 Marshall Scholar confirmed as CFPB Chief

1981 Marshall Scholar confirmed as CFPB Chief

17 July 2013

1981 Marshall Scholar, Richard Cordray, former Ohio Attorney General, has been confirmed as the Chief of the Consumer Financial Protection Bureau (CFPB).

Mr Cordray, a Democrat and native of Ohio, served in the Ohio State House of Representatives from 1991 until 1992. In 1993, Cordray was appointed by the Ohio attorney general as the first State Solicitor to oversee cases to be argued before both the Ohio and US Supreme Court. He then served as Ohio State Treasurer (2007-2009) and Ohio Attorney General (2009-2011). Upon losing his re-election bid, he was chosen by Elizabeth Warren to lead the enforcement arm of the CFPB, citing his multiple lawsuits on behalf of investors against banks and lenders during his tenure as Attorney General.

http://www.nytimes.com/2013/07/17/business/cordray-confirmed-as-head-of-financial-watchdog-after-long-wait.html?hp&_r=0

Mr Cordray read for BA in PPE at Brasenose College Oxford on his Marshall Scholarship.