Regulatory Outlook | 12.01.21
White House Considering Richard Cordray as Top Fed Banking Regulator
President Biden is considering Richard Cordray, the first director of the Consumer Financial Protection Bureau, to serve as the Federal Reserve’s top banking regulator, say insiders. His nomination could hearten progressive Democrats who have called for the central bank to take a tougher approach to regulating big banks and addressing financial risks posed by climate change.
Read the full article on Wall Street Journal