CFPB's Cordray Joins GAC Lineup

Posted by Marissa Anema Tuesday, February 21, 2012 11:40:00 AM

 

WASHINGTON – Consumer Financial Protection Bureau (CFPB) Director Richard Cordray has been added to the impressive lineup of speakers at CUNA’s 2012 Governmental Affairs Conference (GAC). Cordray will appear on Monday, March 19, in the afternoon general session.

The CFPB has been extremely active since it officially began its work last year, taking on rulewriting authority for many existing consumer financial protection laws, revising mortgage disclosures and closing forms, and beginning the process of supervising many nonbank financial entities. The agency is also accepting public comment on how consumer related financial regulations can be streamlined, and CUNA staff have met with the agency many times to discuss credit unions' regulatory burden and other priorities.

Key Capitol Hill lawmakers will also speak at the GAC, including House Minority Whip Steny Hoyer (D-Md.), House Financial Services Committee Chairman Spencer Bachus (R-Ala.), House Majority Whip and House Financial Services Committee member Kevin McCarthy (R-Calif.), and Assistant House Democratic Leader James Clyburn (D-S.C.).

Sens. Jon Tester (D-Mont.), Mark Udall (D-Colo.), and Rand Paul (R-Ky.), and Reps. Jeb Hensarling (R-Texas), Ed Royce (R-Calif.), Barney Frank (D-Mass.), Carolyn Maloney (D-N.Y.), and Carolyn McCarthy (D-N.Y.) are also scheduled to speak. Former Secretary of State Condoleezza Rice; premier, non-partisan political analyst Charlie Cook; and journalistic duo Bob Woodward and Carl Bernstein are also among the notable speakers on the 2012 GAC schedule.

The 2012 GAC, which will take place March 18-22 at the Washington Convention Center in Washington, D.C., will provide more than 4,000 credit union representatives an opportunity to hear from influential leaders from Congress and the federal regulatory agencies during the meeting's sessions, as well discuss pressing credit union issues with federal lawmakers and regulators in private meetings.

Registration, housing information, and other information can be found at: www.cuna.org/events/gac12/

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