Cordray to Head Consumer Financial Protection Bureau

The Columbus Dispatch is reporting that President Obama will nominate former Ohio Attorney General (and one-time Jeopardy champ) Richard Cordray to heat the new Consumer Financial Protection Bureau. An official announcement is expected Monday morning. Many had expected Harvard law professor and administration aide Elizabeth Warren would get the job, as she who spearheaded the push to create a CFPB in the first place.

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