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‘No Evidence’ CFPB’s Cordray Violated US Ethics Rules: Agency

CFPB Director Richard Cordray has been cleared of allegations that he improperly positioned himself to run for Ohio governor.

By C. Ryan Barber | Updated on November 07, 2017

Richard Cordray, director of the CFPB, has been cleared of allegations that he improperly positioned himself to run in Ohio’s gubernatorial contest while leading the Obama-era agency, according to a newly disclosed letter from the government office that enforces restrictions on federal employees’ political activity.

Cordray, a former Ohio attorney general and treasurer, has been pressed for months by rumors of his interest in the 2018 governor’s race—a suspicion that has prompted speculation from critics about whether he violated the Hatch Act, a federal law that imposes restrictions on government employees for engaging in political activity.

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