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Obama's pick for consumer agency doesn't end controversyMonday, July 18, 2011 @ 10:31PMIn the eyes of some opponents of the Consumer Financial Protection Bureau in Congress and on Wall Street, Richard Cordray is no better a choice to direct it than Elizabeth Warren would have been. In nominating former Ohio Atty. Gen. Richard Cordray to head the new Consumer Financial Protection Bureau, President Obama avoided the highly controversial choice of liberal favorite Elizabeth Warren ...

In Richard Cordray, Consumer Agency Would Be Led By Financial Cop Known For ToughnessMonday, July 18, 2011 @ 7:00PMIn nominating Richard Cordray to lead the fledgling consumer protection agency, President Barack Obama has chosen a man with a reputation as a defender of consumers' rights, someone willing to take on the nation's most powerful financial firms.

Obama’s CFPB pick gives White House leverageMonday, July 18, 2011 @ 4:06PMPresident Barack Obama’s nomination of someone other than Harvard Law School professor Elizabeth Warren to head a new controversial consumer protection agency may give the White House some leverage in achieving its regulatory goals, inside-the-beltway observers contend.

Obama Nominates Cordray To Head Consumer BureauMonday, July 18, 2011 @ 3:03PMWASHINGTON (CNNMoney) -- President Obama nominated Richard Cordray on Monday to head the new Consumer Financial Protection Bureau, an independent agency set to launch on Thursday.

Obama taps finance monitor amid GOP threatMonday, July 18, 2011 @ 2:20PMWASHINGTON, July 18 (UPI) -- President Barack Obama nominated a former Ohio attorney general Monday to lead a new Wall Street watchdog, but Republican senators threatened to block him.

GOP Vows to Block New Consumer WatchdogMonday, July 18, 2011 @ 10:59AMThe Senate will block President Barack Obama's pick to lead a new U.S. consumer watchdog agency if the White House snubs structural changes, GOP lawmakers say.

Obama Sidesteps Elizabeth Warren, Picks Richard Cordray to Lead Consumer Financial Protection BureauMonday, July 18, 2011 @ 10:46AMABC News' Amy Bingham reports: After a year of planning and defending the new Consumer Financial Protection Bureau, Elizabeth Warren has been tossed out of the running to lead it. President Obama officially announced today that Ohio Attorney General Richard...

Why the GOP Will Block Obama's Consumer Watchdog NomineeMonday, July 18, 2011 @ 10:03AMRepublicans would probably block anyone, but they'll see a glaring hole in former Ohio Attorney General Richard Cordray's background

Obama Taps Former Jeopardy Champ For Consumer-Watchdog PostMonday, July 18, 2011 @ 9:40AMAssociated Press Former Ohio Attorney General Richard Cordray has been picked by President Obama to lead the Consumer Financial Protection Bureau.