Richard Cordray: “In my lifetime, the single thing that hurt more Americans than anything I have ever seen was the financial crisis, the…”

The U.S. Supreme Court last June reaffirmed that disparate impact discrimination is the law of the land.

Anything less than that is an abdication of the Director's responsibility to the Bureau and its employees.

That is an execrable practice. It is against the law. We have taken strong enforcement actions against it.

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…