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Senate Confirms Cordray as CFPB Director
Wednesday, July 17, 2013 8:00 AM

The Senate has reportedly confirmed the president’s nomination of Richard Cordray to a five-year term as director of the CFPB. The Wall Street Journal reports that the 66-34 vote came after Cordray's nomination cleared a key hurdle earlier in the day.

President Obama first nominated Cordray to lead the bureau in 2011.