Cordray op-ed: “The Trump administration is trying to undermine the CFPB. It will fail.”

Former Director of the Consumer Financial Protection Bureau Richard Cordray has an op-ed in the Washington Post today, expressing concerns about the agency's current path:

The CFPB was designed to serve as a tough and independent watchdog for consumers. Yet Trump and White House budget director Mick Mulvaney, the bureau’s putative acting head, have bullied the CFPB and put their thumbs firmly on the scale in favor of the predators — the same lenders who for years had strong influence in Washington, powered by armies of lobbyists and a torrent of campaign contributions.

The full op-ed is here.

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