Amid speculation about gubernatorial aspirations, the director of the Consumer Financial Protection Bureau has revealed plans to leave the regulator.

Before becoming the first director of the bureau during the Obama administration in 2012, Richard A. Cordray was director of enforcement, where he began his CFPB career in June 2011.

Prior to joining the federal payroll, Cordray was on the Ohio state payroll as attorney general, a position he held started in 2009 and left in 2011 after losing his bid for re-election.


Source: Mortgage Daily