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We need a watchdog at Consumer Financial Protection Bureau

Source: Michelle Singletary, Washington Post (Paid Registration)

The federal agency charged with safeguarding consumers is in jeopardy.

Richard Cordray, the director of the Consumer Financial Protection Bureau, announced last week that he’s leaving by the end of the month. Cordray’s departure gives President Trump an opportunity to appoint a new leader, and I’m concerned that this will derail the watchdog agency’s consumer-first mission.

Read Full Article: We need a watchdog at Consumer Financial Protection Bureau