When you or I, and I venture to say every one of the people who is sitting in this room, when we write a check or we make a bank transfer or we use a credit card, we are entitled to some basic consumer protections.
Cordray emphasizes the importance of consumer protections in financial transactions.
Share
More from Richard Cordray
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.
The U.S. Supreme Court last June reaffirmed that disparate impact discrimination is the law of the land.
I think Congress legislated that limitation to protect service members against being exploited while they are trying to protect and defend our country.
We have to oversee the financial institution. We have to be able to understand the pattern of how they treat their customers.