So what’s the problem with Cordray? There are two, one is an old Washington problem, and the other is purely Wall Street’s:
Republicans said they would never support anyone to head the CFPB — Period —that is, unless the White House made serious changes to the agency. (Politico)
He doesn’t just go after Wall Street Institutions. He goes after individual executives as well.
More. Mr. Cordray wrings more fines outta those assholes than the SEC ever had the balls to do.
There’s your new sheriff, Wall Street. As we reported earlier today, it’s likely Republicans will fight Obama’s appointment in Court. In the meantime, Cordray will be able to nice and comfy at the CFPB.
Note to Richie Cordray: Work those Wall St. motherfuckers like a red-headed stepchild.