U.S. President Barack Obama nominates Richard Cordray to be Director of the Consumer Financial Protection Bureau

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Description:

President Barack Obama announces the nomination of Richard Cordray to be Director of the new Consumer Financial Protection Bureau and commends Elizabeth Warren for her work in setting up the bureau. Obama recounts the causes of the current recession, describes new laws to prevent financial misconduct and eliminate taxpayer bailout of large financial institutions. Obama also describes Cordray's credentials and praises him.

Date Issued:

2011-07-18T00:00:00Z

Data Provider:

Michigan State University. Libraries

Collection:

G. Robert Vincent Voice Library Collection

Place:

United States, United States, United States, United States, United States, and United States

Subject Topic:

Influence, Officials and employees, Selection and appointment, Recessions, Financial institutions, Law and legislation, Financial institutions, State supervision, Financial services industry, State supervision, Financial services industry, Law and legislation, Press conferences, and Economic conditions

Subject Name:

Cordray, Richard, Warren, Elizabeth, United States, and Consumer Financial Protection Bureau

Language:

English

Rights:

No Copyright

URL:

https://n2t.net/ark:/85335/m53775w14