Richard Cordray

Richard Cordray, the first director of the Consumer Financial Protection Bureau from 2012 to 2017, and Norbert Michel, vice president at the Cato Institute, dive into the significance of the CFPB. They discuss its pivotal role in returning billions to defrauded consumers and the ongoing political threats it faces. The guests dissect real-life experiences of consumers navigating financial fraud and the implications of potential changes under different administrations. They also analyze the agency's legacy and the broader debates surrounding consumer protections in the evolving financial landscape.