Skip to main content

Cordray Compares Republicans to Nazis

Phil Hall
Jul 02, 2018
Richard Cordray, the first director of the Consumer Financial Protection Bureau (CFPB), is consulting with California Gov. Gavin Newsom on the creation of a state-level version of the federal regulatory agency

Former Consumer Financial Protection Bureau (CFPB) Director Richard Cordray has twice been called to task for using his Democratic campaign for Ohio governor to describe members of the Republican Party as Nazis. However, the former federal regulator refused to apologize for his comments.
 
According to a Columbus Dispatch report, Cordray refused to formally apologize last week after a video surfaced from a March event where Cordray compared Ohio Republicans to the Nazi collaborators of Vichy France. Cordray blamed an unidentified person for making the remark, adding, “I repeated a comment that somebody else had made to me, and I now regret that I did that because it was not particularly well thought-out in the first place. My point was that people ought to be willing to speak up for what’s right in the state, regardless of party.”
 
He also stated, “there’s no real comparison” between local Republicans and Nazis.
 
Another Cordray video surfaced from a June 15 event that brought up more Nazi analogies.
 
“I will say, that as I said, the tone that you set in government and leadership matters. I mean, right now we have a tone being set by the White House, which is absolutely against everything I’ve understood for America,” Cordray said. “You know, trying to find people to scapegoat and blame? That’s like Nazi Germany. I mean, I don’t want to make too strong a point about it, and I don’t want to compare it to the Holocaust, but it is trying to find people that we can knock down and drag down and blame and say, ‘it’s their fault, not our fault.’ That never builds people up, to knock somebody else down. When our kids do it on the playground, we tell them, ‘stop that.’”
 
Cordray’s campaign initially refused to clarify the candidate’s comments, only to issue a statement that blamed Republicans for creating a controversy.
 
“Rich was criticizing the tone in Washington and the White House of placing blame on other people, and he specifically said that he was not making a comparison to the Holocaust,” said the campaign statement. “The Ohio Republican Party trying to twist his words and sow division is exactly what Rich wants to end so that Democrats and Republicans can work together for the people of Ohio.”

 
Published
Jul 02, 2018
CFPB Reports Trends In Financial Assistance

The latest developments from this study reveal that most consumers have exited the payment assistance they received at the start of the pandemic.

Analysis and Data
Jul 14, 2021
CFPB Orders GreenSky To Refund $9M In Unauthorized Loans

The consent order requires GreenSky to refund or cancel up to $9 million in loans for the customers harmed by this illegal conduct.

Regulation and Compliance
Jul 13, 2021
CFPB Warns Landlords And Consumer Reporting Agencies To Report Accurate Rental Information

Inaccurate rental or eviction information can unfairly block families and individuals from safe, affordable housing.

Regulation and Compliance
Jul 01, 2021
FHFA Mandates Quarterly Fair Lending Reports

FHFA issued orders for all enterprises to submit quarterly Fair Lending Reports with data and information to improve the FHFA’s capabilities. 

Regulation and Compliance
Jul 01, 2021
FHFA Follows CFPB To Protect Borrowers Once COVID-19 Foreclosure And Eviction Moratoriums End

The Federal Housing Finance Agency made it clear that Fannie Mae and Freddie Mac servicers are not permitted to make first notice or filing for foreclosure that would be prohibited by the CFPB protections for borrowers affected by COVID-19.

Regulation and Compliance
Jun 30, 2021
CFPB Finds Evidence Of Redlining And Deceptive Acts In 2020

Enforcement actions resulted in more than $124 million in consumer remediation and civil money penalties in 2020

Regulation and Compliance
Jun 29, 2021