White House presses Senate to confirm CFPB nominee

12/2/2011 | CNNMoney · MarketWatch

The Obama administration is ramping up its efforts to get the Senate to confirm Richard Cordray as the first director of the Consumer Financial Protection Bureau. "The longer we wait to confirm a director, the more we're leaving millions of Americans who aren't doing business with banks vulnerable to the kind of predation and abuse that caused so much damage in this crisis," said Treasury Secretary Timothy Geithner.

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CNNMoney · MarketWatch

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