Sad news. I get it but this will likely be the end of what could have been a vital protection for Americans.
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Very sad news.
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I worked in finance industry during the crash. Deregulation is what will create the next crash. Watch “The Big Short” if you need a reminder of the banks responsibility
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That's too bad. He was tasked with a job to protect consumers while the
@GOP and big corporates fought and dogged him the entire way. His successor will face the same challenges. -
I doubt he will have one. trump and GOP will destroy the agency since they never wanted it to begin with. Make The Banks Too Big To Fail Again
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People with principals continue to exit the government to our detriment. Cordray has championed the rights of consumers against predatory practices in for-profit schools, payday lenders, housing, credit card issuers among many other protections.
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So disappointing. Help for consumers will suffer.
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#ImpeachTrumpNow we can't wait anymore. Everyday he's in office our country slips into chaosThanks. Twitter will use this to make your timeline better. UndoUndo
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Gutted
@CFPB has lost Cordray. He stood strong. Agency is vital to enforcement against predatory & illegal practices by banks & lenders. Cringe @ who Potus will replace him with! Goldman Sachs? Or maybe he'll dismantle the agency as orig. planned a la EPA?#DoddFrankThanks. Twitter will use this to make your timeline better. UndoUndo
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This is so bad. We need these protections.
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He’s going to run for governor of Ohio
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This is very bad for the country. Republicans have been trying to drive Cordray out because he's looking out for consumers as they do the bidding of Wall Street.
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This will be the end of the
@CFPB. Now that we have gotten rid of all those pesky regulators, 2008 redux is just around the corner, big market correction comming, advertisements for non-standard mortgages, inflated realestate values all thats missing is bogus credit default swaps - 1 more reply
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100% chance he runs for Ohio governor in a blue wave year. Pity the Republican who has to run against him.
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Consumers are ROYALLY screwed hard because of this. Hard to state how screwed we are. Literally zero protection on the federal level now from corporate greed.
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Sad, we need people like him there.
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