Moving the Needle
How The Law Can Help Protect Consumers When Making Large Financial Decisions
Richard Cordray, was the first Director of the Consumer Financial Protection Bureau, which was formed in the wake of the Great Recession as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act. In his five years leading the CFPB, Cordray was tasked with making sure consumers were no longer harmed by the actions of banks, lenders, and other financial institutions. In 2017, Cordray returned to his home state of Ohio where he had previously served as State Treasurer and Attorney General, to run for governor. Mr. Cordray was the Wharton PPI 2019 Public Policy Visiting Fellow and joined Dan Loney in the studio for a special interview.