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MORE SIGNS POINT TO CORDRAY’S IMPENDING DEPARTURE FROM CFPB
- There are a growing number of signs that Richard Cordray, the director of the Consumer Financial Protection Bureau, will be resigning in the near term in order to run for governor of Ohio. Cordray has been announced as the keynote speaker for the Ohio Land Bank Conference on Sept. 12. The conference will take place in Cleveland, Ohio and will be held on the same day as a recently scheduled gubernatorial debate. What is interesting about Cordray’s speech is the topic: re-purposing vacant and abandoned properties and revitalizing our neighborhoods. It bears little in common with his role as director of the CFPB and its oversight of financial products.
LAW FIRM TRIES TO FIGHT CFPB WITH PUNCTUATION
- A law firm that provides debt relief services to individuals tried to go toe-to-toe with the Consumer Financial Protection Bureau, but got caught by the punctuation police. Seila Law firm tried to use ellipses in protesting a civil investigative demand from the CFPB and a federal judge was having none of it. The ellipses were used to omit words from the CID and to try and make it appear that the CFPB was too vague and unspecific to hold up in a court of law.
WORTH NOTING: President Trump and his wife will be in Texas today to survey the damage from Hurricane Harvey … Hurricane Harvey dumped so much water that the National Weather Service needed to come up with new colors for its graphics … Before and after photos from Hurricane Harvey … Ford and Domino’s are teaming up to develop self-driving pizza delivery vehicles … North Korea is at it again, firing a missile over Japan which has escalated tensions between those two countries and the U.S. … A man in Colorado who said he was stabbed for looking like a neo-Nazi, made up the story after accidentally cutting his hand with a knife … How to avoid using all of your smartphone data … Are you guilty of making any of these seven common grammar mistakes? … Five ways to trick yourself into feeling more confident … Matt Stafford is now the richest player in NFL history … Being an Amazon Prime member will now get you perks at Whole Foods.
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The Daily Digest is sponsored by TCN, a leading provider of cloud-based call center technology for enterprises, contact centers, BPOs, and collection agencies worldwide.
