Washington, DC – Today, the National Community Reinvestment Coalition called for the Senate to confirm Richard Cordray as Director of the Consumer Financial Protection Bureau (CFPB). President Obama renominated Cordray to be CFPB Director in January of 2013. Senate Majority Leader Harry Reid filed for cloture on the motion to proceed on Cordray’s nomination on July 12 of 2013. NCRC President and CEO John Taylor made the following statement:
“On behalf of our member organizations across the nation, NCRC calls on the Senate to confirm Richard Cordray as Director of the Consumer Financial Protection Bureau. He has proven himself as a strong, capable leader for the CFPB, and he should be allowed to continue the great work he has done on behalf of consumers. His qualifications and his commitment to public service and consumer protection are outstanding.”
NCRC previously applauded President Obama’s 2012 recess appointment of Richard Cordray to lead the CFPB, and also applauded his January 2013 renomination.
About the National Community Reinvestment Coalition (NCRC):
The National Community Reinvestment Coalition is an association of more than 600 community-based organizations that promote access to basic banking services, including credit and savings, to create and sustain affordable housing, job development, and vibrant communities for America’s working families.
