URGENT: Tell Your Senators to Confirm CFPB Director Cordray
Senate Committee Vote on Tuesday! Urge Your
Senators NOW to Confirm Richard Cordray and Let the Consumer Financial
Protection Bureau Do Its Job
President Obama has re-nominated Richard Cordray as Director of the Consumer Financial Protection Bureau (CFPB). Republicans and Democrats agree that Cordray is highly qualified, and he has been doing an excellent job as its director. Still, 43 senators have threatened to block his or anyone's nomination until the agency is dramatically weakened. The good news is that 54 senators have responded by stating strong support for Director Cordray and unequivocal opposition to weakening the CFPB. TICAS has thanked them on behalf of students and their families.
This coming Tuesday (March 19, 2013) the Senate Banking Committee is scheduled to vote on Cordray's nomination. PLEASE ACT NOW and urge your senators to support Richard Cordray's nomination and oppose any changes that would weaken the CFPB's ability to protect students from deceptive and predatory loan practices. More than 800 of you have spoken out so far, but senators need to hear from many more at this crucial point in the process!