Senate appears poised to confirm Richard Cordray as Director of the CFPB By Alan S. Kaplinsky on July 16, 2013 Posted in CFPB People, Hot Issues, Regulatory and Enforcement, Richard Cordray I heard from many media sources that a “deal” has been struck in the Senate which will result in Richard Cordray being confirmed by the Senate as Director of the CFPB for a 5-year term. Stay tuned for further developments!