Obama’s pick has a low national profile, but he has a long political history in his native Ohio, where’s he’s been a faithful Democrat. Before becoming the state attorney general in 2009, Cordray was Ohio’s state treasurer, state solicitor and a Democrat member of the Ohio House of Representatives.
Obama’s new pick for consumer protection bureau
President Obama has tapped Richard Cordray to head the nascent Consumer Financial Protection Bureau (CFPB), leaving everyone wondering, “Who’s Richard Cordray?”