Richard Cordray, Obama’s Consumer Rights Chief, to Head Student Debt Program
The Biden administration’s choice of Richard Cordray, former President Obama’s Consumer Financial Protection Bureau (CFBP) chief, to head the $1.6 trillion federal student-loan program, couldn’t be better. “As CFBP chief, Cordray led the bureau’s crackdown on consumer abuses in debt collection, student loan servicing, and for-profit colleges, garnering the respect of advocates and drawing the … Read more