In its first several months of work, the Consumer Financial Protection Bureau has targeted mortgage rules, taken complaints from consumers, studied student-loan trends and more. So far the agency and its director, Richard Cordray, have established credibility, even as a court ruling threatens its future, writes Martha C. White. CBA President and CEO Richard Hunt has said that Cordray "would be a worthwhile, credible candidate" to lead the agency under a commission structure.

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