Consumer Bureau’s Jobs No. 1, 2 and 3

on January 17, 2012 at 3:00 PM

The Consumer Financial Protection Bureau’s new director — armed with the bureau’s full powers — has set his top priorities for what to do first.
With President Obama’s recess appointment of former Ohio Attorney General Richard Cordray last week, the six-month-old bureau — created as part of the Dodd-Frank financial reform law — inherited a couple of key new powers.