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Statement on resignation of CFPB Director

By Deirdre Cummings
Legislative Director, MASSPIRG

 

Statement of MASSPIRG on the Announcement of the Pending Resignation of Consumer Financial Protection Bureau Director Richard Cordray

The following statement can be attributed to Deirdre Cummings, MASSPIRG

“Richard Cordray helped establish, and then was confirmed as the first director of, the Consumer Bureau. Its accomplishments in making financial markets fair for consumers and families -- in just over 6 years, while under constant, unfounded attacks from special interests -- are simply incredible. The Bureau has recovered more than $12 billion for nearly 30 million consumers. Going forward, we hope that the President understands that the Bureau is wildly popular with Americans because it simply does its job and has the public’s backs. We wish the Director well."

 

Picture of Richard Cordray and MASSPIRG's Deirdre Cummings at a consumer roundtable discussion in Boston, June 14, 2017.

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