Richard Cordray Quotes

We're trying to improve the consumer financial marketplace one American at a time.

We need a president who will stand up for the CFPB and get it back into fighting shape. It is too important to be allowed to disintegrate.

Real choice is clear information and the right to walk away from a bad deal without leaving your wallet behind.

We think nothing of protecting consumers from faulty toasters or unsafe cars. Is it unreasonable to suggest that investors are entitled to information they can trust before investing their hard-earned money? I don't think it's unreasonable at all.

We need to be much more robust consumers.

My own personal preference is that the consumer, the individual person should be protected because individual people and the difference between individual people and the diversity we have between people on the planet is so important.

Consumers are empowered by Yelp and tools like it: before, when they had a bad experience, they didn't have much recourse. They could fume, but often nothing else other than tell their friends.

We consumers have to send a message every day of what we want and what we don't.

Each consumer has the power of their wallet and their voice. They can exercise that.

We are fighting for an open and fair economy. We are fighting for the consumer. Someone needs to.

If consumers are strong, if consumers are protected, if they can trust the marketplace and feel confident that they're not being cheated here and there, then consumers can drive this economy forward.

Our servicemembers are focused every day on serving our country. It's our job to ensure that they have everything they need to do their jobs to the best of their ability. That must include effective consumer protections against predatory lending, already afforded under the Military Lending Act, for our men and women in uniform and their families.

Reasonable regulations are essential to protect consumers from harmful practices and ensure that consumer financial markets operate in a fair, transparent, competitive manner.

We owe it to consumers to treat their dollars with respect and to double- and triple-check our assumptions about complex marketplaces rather than getting locked into a regulatory tunnel vision that will ultimately leave consumers with fewer, more expensive choices.

My job at the CFPB, as President Obama told me when he interviewed me, was to stand on the side of people in the financial marketplace and see that they were treated fairly.

The question is how do you do it [more consumer protection] so that it actually works that way? And that takes analysis, and sometimes collaboration between government and business, to understand how that works.

The consumer isn't a moron; she is your wife.

Consumers have not been told effectively enough that they have huge power and that purchasing and shopping involve a moral choice.

We need a government which, yes, guarantees basic standards in public services, but which also steps in to protect people's wellbeing as they take part in our consumer democracy - particularly online.

I'm largely in favor of financial reform.

I think the big force is going to be consumer buying power.

Because financially capable consumers ultimately contribute to a stable economic and financial system as well as improve their own financial situations, it's clear that the Federal Reserve has a significant stake in financial education.

As with products on supermarket shelves, the public has a right to know where their financial products and services come from.

The broken consumer credit market had to be repaired by making sure that consumers had the right information and could use it effectively. That meant consolidating the bloated patchwork of ineffective agencies and regulations so that a single agency could act as a voice for consumers.

For a long time, there had been no organization dedicated solely to going to toe-to-toe with the financial industry, on any issue, no matter how complex or obscure. That’s what we do