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Congressman Al Green Hosts Successful CFPB Town Hall Meeting With Special Guest Director Richard Cordray

January 19, 2016

Congressman Al Green Hosts Successful CFPB Town Hall Meeting With Special Guest Director Richard Cordray

(Houston, TX)--On Tuesday, January 19, 2016, Congressman Al Green (TX-09), Ranking Member of the Financial Services Oversight and Investigations Subcommittee, hosted Director Richard Cordray of the Consumer Financial Protection Bureau (CFPB) at an informative town hall meeting. The meeting focused on the efforts of the CFPB to protect consumers and fairly regulate industry. Those in attendance were given a chance to voice their opinions on efforts to combat deceptive practices and the need for more equitable lending practices. 

"I was glad to have the opportunity to meet with members of the local community here in Houston, to discuss some of the pressing issues facing consumers such as payday lending and mortgage servicing,” CFPB Director Cordray said. “I am grateful to Congressman Al Green for inviting me, as well as for his continued strong leadership in Congress advocating for consumers."

Congressman Al Green used the town hall meeting to engage his constituents about efforts to protect consumers from deceptive and discriminatory practices by industry. Director Cordray also offered invaluable insight into the ways consumers can be more cautious and prudent, and his own efforts to advocate for transparency in private industry.

“As the Ranking Member of the Financial Services, Oversight and Investigations Subcommittee, I am not just interested in limiting but ending predatory practices and invidious discrimination in all aspects of lending. The CFPB, under the leadership of Director Cordray, has been an invaluable partner for those in Congress, such as myself, who are the most passionate about promoting equitable lending and fair financial practices. Director Cordray is at the forefront of the charge to protect and educate consumers such that they will be motivated to ask questions, shop around, and seek the best opportunity available,” Congressman Al Green said. “I am grateful to Director Cordray for coming to Houston and thank him for sharing his important message.”

Director Cordray praised Congressman Al Green’s commitment to protecting consumers as well as specifically combatting invidious discrimination in our nation.