After hastily resigning from the Consumer Financial Protection Bureau to run for governor of Ohio, Washington D.C. Bureaucrat Richard Cordray is already receiving the full-throated support of far-left Massachusetts Senator Elizabeth Warren, the architect of the CFPB, for his campaign. But in her latest fundraising appeal for Cordray, Warren made the startling claim that the CFPB, an independent federal government agency, “will be there right along with him,” appearing to assert that the CFPB will work to actively support his candidacy.
In Ohio, Rich isn’t going to be on the ballot alone,” Warren said in the fundraising email. “The consumer agency will be there right along with him. There will be a lot of people who take shots at the agency to undermine Rich. I want to make sure he has the resources he needs to fight back and defend the agency and the great work he did – because he deserves it, and so does the agency.”
Warren’s alarming statements come as the New York Times reports of CFPB leaders “quietly resisting” the agency’s new management since Cordray’s departure, coordinating “through encrypted messaging apps” to undermine temporary Director Mick Mulvaney’s actions. This raises a serious question for Washington D.C.’s most power-hungry bureaucrat: Is he still using the CFPB to further his personal political agenda?
This wouldn’t be the first time that the CFPB has played politics on Richard Cordray’s behalf. Earlier this year, Cordray was caught funneling tens of millions of dollars in taxpayer-funded federal contract money through the CFPB to a Democrat campaign firm. Cordray’s CFPB also developed an infamous reputation for resisting any calls for transparency into its controversial activities, leading to accusations of contempt of Congress and raising questions of Hatch Act violations earlier this year.
Now Cordray and his most radical left-wing supporter, Elizabeth Warren, appear to be using the agency for their own political means even after he abandoned his post. Cordray’s dubious attempt to play politics with his friends in Washington further shows that he can’t be trusted to lead Ohio as governor.