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12222013_ap7074736170178201_mugshot_four_by_three.jpg

Richard Cordray, director of the Consumer Financial Protection Bureau, has been asked about the method to determine whether an auto creditor's portfolio shows "disparate impact" on minorities. (Associated Press)

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12222013_ap7074736170178201.jpg

Richard Cordray, director of the Consumer Financial Protection Bureau, has been asked about the method to determine whether an auto creditor's portfolio shows "disparate impact" on minorities. (Associated Press)

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BANKING_008_01241617_10041753.jpg

Consumer Financial Protection Bureau Director Richard Cordray testifies before the House Committee on Oversight and Government Reform, Subcommittee on Tarp, Financial Services, and Bailouts of Public and Private Programs in the Rayburn House Office Building on Capitol Hill, Washington, DC, Tuesday, January 24, 2012. (Andrew Harnik / The Washington Times)

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BANKING_007_01241617_10041753.jpg

Consumer Financial Protection Bureau Director Richard Cordray testifies before the House Committee on Oversight and Government Reform, Subcommittee on Tarp, Financial Services, and Bailouts of Public and Private Programs in the Rayburn House Office Building on Capitol Hill, Washington, DC, Tuesday, January 24, 2012. (Andrew Harnik / The Washington Times)

BANKING_011_01241617_10041753.jpg

BANKING_011_01241617_10041753.jpg

Consumer Financial Protection Bureau Director Richard Cordray testifies before the House Committee on Oversight and Government Reform, Subcommittee on Tarp, Financial Services, and Bailouts of Public and Private Programs in the Rayburn House Office Building on Capitol Hill, Washington, DC, Tuesday, January 24, 2012. (Andrew Harnik / The Washington Times)

BANKING_010_01241617_10041753.jpg

BANKING_010_01241617_10041753.jpg

Consumer Financial Protection Bureau Director Richard Cordray testifies before the House Committee on Oversight and Government Reform, Subcommittee on Tarp, Financial Services, and Bailouts of Public and Private Programs in the Rayburn House Office Building on Capitol Hill, Washington, DC, Tuesday, January 24, 2012. (Andrew Harnik / The Washington Times)

BANKING_012_01241617_10041753.jpg

BANKING_012_01241617_10041753.jpg

Consumer Financial Protection Bureau Director Richard Cordray testifies before the House Committee on Oversight and Government Reform, Subcommittee on Tarp, Financial Services, and Bailouts of Public and Private Programs in the Rayburn House Office Building on Capitol Hill, Washington, DC, Tuesday, January 24, 2012. (Andrew Harnik / The Washington Times)

BANKING_009_01241617_10041753.jpg

BANKING_009_01241617_10041753.jpg

Consumer Financial Protection Bureau Director Richard Cordray testifies before the House Committee on Oversight and Government Reform, Subcommittee on Tarp, Financial Services, and Bailouts of Public and Private Programs in the Rayburn House Office Building on Capitol Hill, Washington, DC, Tuesday, January 24, 2012. (Andrew Harnik / The Washington Times)

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obama-sec_live1_3_mugshot_four_by_three.jpg

**FILE** President Obama pauses in the State Dining Room of the White House on Jan. 24, 2013, as he announces that he will nominate Mary Joe White to lead the Security and Exchange Commission and re-nominate Richard Cordray to lead the Consumer Financial Protection Bureau, a role that he has held for the last year under a recess appointment. (Associated Press)

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nominations_20130312_03_2_mugshot_four_by_three.jpg

Richard Cordray, President Obama's pick to head the Consumer Financial Protection Bureau, testifies March 12, 2013, at his confirmation hearing in front of the U.S. Senate Banking, Housing and Urban Affairs Committee on Capitol Hill. (Andrew Harnik/The Washington Times)

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obama-sec_live_2_mugshot_four_by_three.jpg

**FILE** Richard Cordray stands left as President Obama announces in the State Dining Room of the White House on Jan. 24, 2013, that he will re-nominate Cordray to lead the Consumer Financial Protection Bureau, a role that he has held for the last year under a recess appointment, and nominate Mary Joe White to lead the Security and Exchange Commission (SEC). (Associated Press

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** FILE ** In this Jan. 24, 2013, file photo, Consumer Financial Protection Bureau head Richard Cordray listens at left as President Barack Obama announces in the State Dining Room of the White House in Washington that he will renominate Cordray to lead the bureau, a role that he has held for the last year under a recess appointment. (AP Photo/Carolyn Kaster, File)

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Richard Cordray, President Obama's pick to head the Consumer Financial Protection Bureau, testifies March 12, 2013, at his confirmation hearing in front of the U.S. Senate Banking, Housing and Urban Affairs Committee on Capitol Hill. (Andrew Harnik/The Washington Times)

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NOMINATIONS_20130312_03

Richard Cordray, President Obama's pick to head the Consumer Financial Protection Bureau, testifies March 12, 2013, at his confirmation hearing in front of the U.S. Senate Banking, Housing and Urban Affairs Committee on Capitol Hill. (Andrew Harnik/The Washington Times)

obama-sec_live1_2_mugshot_four_by_three.jpg

obama-sec_live1_2_mugshot_four_by_three.jpg

**FILE** President Obama pauses in the State Dining Room of the White House on Jan. 24, 2013, as he announces that he will nominate Mary Joe White to lead the Security and Exchange Commission and re-nominate Richard Cordray to lead the Consumer Financial Protection Bureau, a role that he has held for the last year under a recess appointment. (Associated Press)

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obama-sec_lea_3_mugshot_four_by_three.jpg

President Obama announces in the State Dining Room of the White House in Washington on Thursday, Jan. 24, 2013, that he will nominate Mary Joe White (right) to lead the Securities and Exchange Commission (SEC) and will renominate Richard Cordray (left) to head the Consumer Financial Protection Bureau, a position he has held for the past year under a recess appointment. (AP Photo/Carolyn Kaster)