President Obama appointed Former Ohio Attorney General Richard Cordray last week to head the Consumer Financial Protection Bureau. This agency will give payday lenders, shady mortgage brokers and abusive debt collectors a lot more scrutiny. Republicans still insist the President has no authority to make the appointment and say the agency lacks accountability. We'll discuss the appointment, bureau's mission and the ongoing partisan political battle.
Richard Cordray, Director, Consumer Financial Protection Bureau
Sheryl Harris, Consumer Columnist, The Plain Dealer
Dave Cohen, Professor, Ray C. Bliss Institute of Applied Politics, The University of Akron
Kevin Jacques, Boynton D. Murch Chair in Finance, Baldwin Wallace and former economist, U.S. Treasury Department
Jeff Quayle, Senior Vice President and General Counsel, Ohio Bankers League