Cordray, who has helmed the CFPB as its first and only director, said Tuesday that he has no intention of stepping down early, despite pressure from Republicans eager to overhaul the 5-year-old agency.
“It really shouldn’t change the job at all,” said Cordray of Trump assuming power. “We have an independent mandate to do what we do and we’ll continue to work to protect consumers.”
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“If we’re not going to enforce the law aggressively, then what are we saying?” he said. “Our pace needs to be steady and vigorous.”