Log In to The Paramus Post - Greater Paramus News and Lifestyle Webzine

Please enter your user name and password below.

No Account Yet? Sign Up!

The Paramus Post - Greater Paramus News and Lifestyle Webzine
Saturday, October 01 2016 @ 01:12 PM EDT

AFR Statement on Cordray Nomination

Americans for Financial Reform released the following statement in response to the President’s nomination of Richard Cordray to continue as director of the CFPB:

"We are very pleased that President Obama has once again nominated Richard Cordray, this time to continue his leadership of the Consumer Financial Protection Bureau. Since Cordray's recess appointment in January 2012, he and the CFPB have gotten off to an impressive start.
"Consumers are already better off because of the bureau's enforcement and rulemaking actions in the markets for credit cards, mortgages, and student loans, among other financial products

"In 2011, hostility to the very idea of an agency with the mission of standing up for consumers in the financial marketplace led a minority of Senators to block a vote on Cordray's nomination as director - despite the fact that not a single Senator had questioned his qualifications. The Senate now has a second chance to confirm this commendable nominee. It should."

by Mel Fabrikant

Mel is a longtime Paramus resident and has belonged to many Paramus organizations. He is responsible for bringing the Scholarship Show to town and seeing to it that the initial presentation went over well. His five offspring were brought up through the Paramus school system. In addition, he is a longtime Paramus Rotary member.

Share It!

Comments are closed

Paramus Post Media Kit Download

Trinity Presbyterian Church
Join the purpose driven church exercising faith, hope, and love because nothing else matters...
Spivak Lighting
Lamp Repairs, Chandeliers, Track Lighting, Outdoor Lamps, Recess Lighting, Paddle Fans, Consultation
StoneMicro Web Technologies
Dynamic Website Development, Content Management System, Blogs, Web design, Web hosting services
Sponsor ParamusPost