Obama to nominate Richard Cordray for consumer job

Reuters News
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Posted: Jul 17, 2011 10:53 AM
Obama to nominate Richard Cordray for consumer job

WASHINGTON (Reuters) - President Barack Obama on Monday will nominate former Ohio Attorney General Richard Cordray to head the new consumer financial watchdog agency, a White House official said.

The announcement will be made at a White House event, the official said.

(Writing by Caren Bohan; Editing by Eric Beech)