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However, Cordray’s nomination was immediately in jeopardy due to 44 Senate Republicans vowing to derail any nominee in order to encourage a decentralized structure of the organization. Please see your financial attorney for a legal opinion. Obama to use executive power to name consumer watchdog chief over GOP objections”.
Richard Cordray resigns as head of Consumer Financial Protection Bureau”. Wells Fargo Leasing in the Pacific Northwest. On June 16, 2018, President Donald Trump selected Kathleen Kraninger, a White House budget official, as the nominee to be the next director of the CFPB.
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