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American Prospects

Confirm Cordray Already!

May 21, 2013

The Senate confirmation vote on Richard Cordray this week won?t have much to do with Richard Cordray.

As I wrote when the Senate Banking Committee considered the Cordray nomination back in March, nobody disputes the idea that the former Ohio Attorney General, who has led the CFPB since January 2012, is highly competent and supremely qualified to continue in his position. Nor is the impact of the agency itself in doubt: in 2012 alone, 6 million U.S. consumers received American Prospects

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