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The Wall Street Journal: CFPB chief Cordray says it’s still business as usual

Consumer Financial Protection Bureau Director Richard Cordray said the watchdog would continue enforcement of existing consumer-protection rules at a steady and vigorous pace, and the arrival of the Trump administration “shouldn’t change the job at all.”

“It’s important to keep in mind that we are a law enforcement agency,” Cordray said in an interview with The Wall Street Journal at a financial regulation event on Tuesday. “That’s an important part of what we do, and it…has to be kept separate from partisan politics.”

Cordray on New Realities, Priorities for CFPB Under Trump

(2:45)

Consumer Financial Protection Bureau Director Richard Cordray reflects on the new balance of power in Washington and how it will affect the future of his agency and its rulemaking and enforcement agenda.

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