richard cordray | WOSU Radio

richard cordray

Consumer Financial Protection Bureau

Jul 26, 2019
Wikimedia

The Consumer Financial Protection Bureau was established in 2010 to serve as a watchdog over the financial industry.

The Trump administration changed directors and tack in 2017 when Ohio native Richard Cordray resigned his leadership of the CFPB. 

Now, the agency is seen as more of an educator than enforcer.

Today on All Sides, the changing role of the Consumer Financial Protection Bureau. 

Consumer Financial Protection Bureau

Jul 17, 2019
Wikimedia

The Consumer Financial Protection Bureau was established in 2010 to serve as a watchdog over the financial industry.

The Trump administration changed directors and tack in 2017 when Ohio native Richard Cordray resigned his leadership of the CFPB. 

Now, the agency is seen as more of an educator than enforcer.

Today on All Sides, the changing role of the Consumer Financial Protection Bureau. 

Ohio Attorney General Dave Yost joined by former Ohio attorneys general Nancy Rogers (left) and Betty Montgomery (right) to call for lifting the statute of limitations on rape.
Andy Chow / Ohio Public Radio

Ohio Attorney General Dave Yost is calling on state lawmakers to lift the statute of limitations on rape. Five former Ohio attorneys general, both Democrats and Republicans, are joining Yost in advocating for this change.

During a recent lunch hour in Springfield, Va., a medical assistant named Angela walked into a branch of Advance America at a strip mall and asked for a loan. She'd borrow $300 and promise to pay it back within 30 days, with an additional $73 in interest and fees.

This loan would help cover a family trip to New York, said Angela, who asked NPR not to use her last name for privacy reasons. She says she prefers payday loans because she doesn't trust herself with credit cards and she would rather not approach her family for help.

Mike DeWine
Jay LaPrete / AP

In his campaign for governor last year, Republican Mike DeWine accused his Democratic opponent Richard Cordray of planning to raise taxes. Now, within weeks of taking office, Gov. DeWine is proposing an 18-cent-per-gallon hike in Ohio’s gas tax to pay for road maintenance and construction.

The Consumer Financial Protection Bureau is targeting one of the hallmarks of the Obama administration: a rule that would protect the most vulnerable borrowers from the ballooning debt that can accrue with payday loans.

The rule never actually took effect. And now the consumer protection bureau is proposing to take it off the table.

The agency's chief, Kathy Kraninger, said in a statement that pulling back the rule would encourage competition in the payday lending industry and help improve credit options for borrowers in need.

Lieutenant governor-elect Jon Husted and governor-elect Mike DeWine celebrate at the Ohio Republican Party event, Tuesday, Nov. 6, 2018, in Columbus, Ohio.
Tony Dejak / Associated Press

In this week's episode of Snollygoster, Ohio's politics podcast from WOSU, hosts Mike Thompson and Steve Brown discuss their picks for the top political stories of 2018.

2018 Governor's Race Was Most Expensive In Ohio History

Dec 19, 2018
Democratic gubernatorial candidate Richard Cordray, left, and Ohio Attorney General and Republican gubernatorial candidate Mike DeWine wave to the crowd before a debate at Marietta College on Monday.
Paul Vernon / Associated Press

Campaign finance filings show this year's campaign for Ohio governor was the most expensive gubernatorial race in state history.

Democratic gubernatorial candidate Richard Cordray, left, and Ohio Attorney General and Republican gubernatorial candidate Mike DeWine wave to the crowd before a debate at Marietta College on Monday.
Paul Vernon / Associated Press

Ohio election regulators have dismissed without discussion two minor parties' complaints over access to a series of 2018 gubernatorial debates.

voting booths
John Minchillo / Associated Press

There were some surprises buried in the results of the 2018 election, many of them for Democrats, who lost the five big statewide executive offices. These results weren’t surprising to some consultants who have worked with both major political parties in Ohio, and they could be disappointing to non-partisans.

Carolyn Kaster / Associated Press

The maps of Ohio’s 2018 election results for governor, attorney general, auditor, secretary of state and treasurer look a lot like the 2016 Ohio results map for president. Election analysts have some theories about why that is, and if that means Ohio should loses its status as a “swing state.”

Ohio Runs Red

Nov 8, 2018
Lieutenant governor-elect Jon Husted and governor-elect Mike DeWine celebrate at the Ohio Republican Party event, Tuesday, Nov. 6, 2018, in Columbus, Ohio.
Tony Dejak / Associated Press

In this week's Snollygoster, Ohio's politics podcast from WOSU, hosts Mike Thompson and Steve Brown discuss the how the Democrats' "blue wave" crashed in our red state. Ohio State University political scientist Paul Beck joins the show.

Tony Dejak / Associated Press

Ohio Republicans swept the statewide office races in yesterday’s election, carried by a big victory from Mike DeWine for the governor’s office.

Lieutenant governor-elect Jon Husted and governor-elect Mike DeWine celebrate at the Ohio Republican Party event, Tuesday, Nov. 6, 2018, in Columbus, Ohio.
Tony Dejak / Associated Press

Republican Mike DeWine will cap off a career in Ohio politics that has spanned five decades with four years in the governor's office, beating Democrat Richard Cordray in a relatively close race Tuesday.

Attorney General Mike DeWine has succeeded in his bid to become Ohio's next governor, defeating Democrat Richard Cordray.

Pages