Consumer watchdog Cordray called smart, tough
Sunday, January 8, 2012
COLUMBUS, Ohio (AP) -- The flap surrounding President Barack Obama's choice of former Ohio Attorney General Richard Cordray as his point man on consumer issues is unfamiliar territory for the studious, mild-mannered public servant.
Obama named Cordray to direct the new Consumer Financial Protection Bureau in a recess appointment last week while visiting Cleveland. Republicans critical of the new agency as too powerful had managed to block the appointment for months and are now challenging it.
Perhaps not since Cordray was the undefeated five-time champion on Jeopardy! has he been at the center of such heated push back.
A public servant for decades, Cordray has tended to keep his head down and his splashes in the media to a minimum.
Associated Press Business Writer Pallavi Gogoi in New York contributed to this report.