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SAN FRANCISCO -- Attorney General Kamala D. Harris today issued the following statement on the re-nomination of CFPB Director Richard Cordray:
"I applaud President Obama's re-nomination of Mr. Cordray to a full term as CFPB Director. Rich has been a tireless advocate for consumers and a strong, dedicated partner to the nation's attorneys general. I have worked closely with Rich and, under his leadership, CFPB has continued to be a key partner for California in our ongoing efforts to crack down on consumer fraud. I believe his nomination and speedy confirmation will ensure that CFPB continues to fulfill its mission of bringing accountability and appropriate supervision to the nation's consumer finance markets."