I think Congress legislated that limitation to protect service members against being exploited while they are trying to protect and defend our country.
Richard Cordray: “I think Congress legislated that limitation to protect service members against being exploited while they are trying to…”
Editor's note · Context
Cordray defends legislation limiting interest rates on loans for service members.
Share
More from Richard Cordray
Anything that is attempting or seeking to compromise our independence will make it harder for us to do our job.
I remain committed to ensuring the OCC completes its review of this matter and takes additional actions to hold the bank and individuals accountable as warranted.
On top of the historic debt that we have pushed upon tens of millions of Americans, they face a financial marketplace that is littered with predatory players.
I stand by and believe this was a reasonable approach to how to get relief to hundreds of thousands of consumers who were discriminated against under the disparate impact theory that I know some people disagree with, but the Supreme Court…