President Obama announced that former Ohio Attorney General Richard Cordray has been nominated as the Consumer Financial Protection Bureau’s new agency director.
Obama and Cordray were joined by consumer advocate Elizabeth Warren, who was responsible for starting the agency and had the support of consumer groups to be named as its leader. Warren was strongly opposed by Republicans and would have faced a difficult path to confirmation.
Click here to read the Washington Post article about Cordray’s nomination.
For more information, view Gustav Schmidt’s contact information here.
|
This publication is for general information only.It is not legal advice, and legal counsel should be contacted before any action is taken which might be influenced by this publication. Established in 1925, Gunster Yoakley is one of Florida’s oldest and largest full-service law firms. Its substantial and diversified practice serves an extensive client base of international, national and local businesses, institutions, local governments and prominent individuals. The firm maintains a strong presence in Florida with offices in Fort Lauderdale, Miami, Palm Beach, Stuart, Vero Beach, West Palm Beach, Jacksonville, and Tallahassee. Gunster Yoakley is home to more than 160 attorneys and 329 employees, providing counsel to clients through 18 practice groups including corporate, immigration, employment, technology and emerging companies, tax, banking and financial services, real estate, land use and environmental, business litigation, and private wealth services. |
