CFPB’s Cordray to step down, allowing Trump to remake agency

RICHARD CORDRAY, director of the Consumer Financial Protection Bureau will step down at the end of the month. / BLOOMBERG FILE PHOTO/ANDREW HARRER
RICHARD CORDRAY, director of the Consumer Financial Protection Bureau will step down at the end of the month. / BLOOMBERG FILE PHOTO/ANDREW HARRER
NEW YORK - Richard Cordray will step down as the head of a controversial consumer watchdog at the end of the month amid growing speculation that he will run for governor of Ohio as a Democrat. His decision means President Donald Trump should soon get to install his own director atop the Consumer Protection Financial Bureau, a regulator…

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