CFPB's Cordray wins praise despite controversial appointment

01/9/2012 | Washington Post, The

President Barack Obama used a recess appointment to name former Ohio Attorney General Richard Cordray as director of the Consumer Financial Protection Bureau, sparking outrage among many Republicans who had been blocking the move. Much of the controversy and opposition surrounding Cordray's appointment is about the structure of the agency he will run, rather than the man himself. On the contrary, Cordray has been called a smart and tough public servant.

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