Maria T. Vullo, formerly New York's executive deputy attorney general for Economic Justice, was nominated by Gov. Andrew Cuomo to serve as superintendent of a state agency that has played a key role in cracking down on debt collectors. more »
CFPB Director Richard Cordray said that "the many bad actors cropping up around the country give" the CFPB and FTC "more than enough work to do together," but former FTC official Leonard Gordon said there's a "rivalry" between the two to be the toughest regulator.
Overlapping missions and jurisdictions are fueling competition between the Consumer Financial Protection Bureau and the Federal Trade Commission, according to former officials at both agencies. more »