Statement on CFPB Director Richard Cordray Resignation

Statement on CFPB Director Richard Cordray Resignation

WASHINGTON, DC – On November 15, 2017, Consumer Financial Protection Bureau (CFPB) Director—and Ohio native—Richard Cordray announced that he would step down as head of the federal agency at the end of November. In response, U.S. Congresswoman Joyce Beatty (OH-03) issued the following statement:

"It has been an honor to know and serve alongside my friend Richard Cordray in Washington and Ohio for nearly two decades. His dedication, determination and drive have made a difference in the lives of consumers across the nation. Under his leadership, the CFPB has provided $12 billion in relief to nearly 30 million consumers, protected Americans from predatory financial products and services, and empowered countless families to take greater control over their finances. I thank him for his exemplary leadership as Director of the Consumer Financial Protection Bureau, and wish him well in his future endeavors."

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