Rep. Meeks Statement on the Resignation of CFPB Director Richard Cordray

Rep. Meeks Statement on the Resignation of CFPB Director Richard Cordray

Washington, D.C.—Congressman Meeks released the following statement after Richard Cordray announced his resignation as director of the Consumer Financial Protection Bureau:

"I am saddened by the news of Director Cordray's departure from the Consumer Financial Protection Bureau. At the helm of the CFPB, Cordray was a fierce advocate for consumer rights and protections. Under his direction the CFPB helped reshape the real estate, bank loan, credit card, and student loan industries to ensure people in need of financial services had an institution that would go to bat for them.

"Through regulation and litigation, the CFPB returned nearly $12 billion to 29 million consumers. On behalf of my constituents and consumers everywhere, I thank Director Cordray for his service and I will do everything I can to ensure that his legacy at the CFPB will continue. I urge President Trump to appoint a strong consumer advocate for the role of Director of the CFPB."

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