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Richard Cordray (L) delivers remarks beside United States President Barack Obama (R), at the Consumer Financial Protection Bureau in Washington DC, USA, on 06 January 2012. Obama placed Richard Cordray as head of the Consumer Financial Protection Bureau with a recess appointment 04 January 2012. Republicans in the Senate had blocked Cordray's confirmation in December 2011. .CAP/ADM/CNP/MR.©Michael Reynolds/Pool/CNP/AdMedia/Capital Pictures.

Richard Cordray (L) delivers remarks beside United States President Barack Obama (R), at the Consumer Financial Protection Bureau in Washington DC, USA, on 06 January 2012. Obama placed Richard Cordray as head of the Consumer Financial Protection Bureau with a recess appointment 04 January 2012. Republicans in the Senate had blocked Cordray's confirmation in December 2011. .CAP/ADM/CNP/MR.©Michael Reynolds/Pool/CNP/AdMedia/Capital Pictures.

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