I try to treat my employees the same way we will treat financial institutions--commend them on things they do well, and criticize them on things they don't do well, and treat them fairly based on the facts.
Richard Cordray: “I try to treat my employees the same way we will treat financial institutions--commend them on things they do well, and…”
Editor's note · Context
Cordray explains his approach to employee management and accountability.
Share
More from Richard Cordray
Disparate impact has been the law of the land for decades. It has been reaffirmed by the Supreme Court.
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…
To have a place to turn to, to come to this Consumer Bureau, to say the complaint in their own voice, and to make sure we will work with the company to try to get it fixed and they can get relief in many instances, that is really important…
[a]rbitration clauses, as they are used today both in the field of consumer finance and more generally, often have been deliberately designed to block Americans from effective means of vindicating their rights.