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On Tuesday the Senate finally approved Richard Cordray as the first director of the Consumer Financial Protection Bureau, putting an end to the two-year battle that prevented the federal agency from having a confirmed director. The CFPB was established in 2010 to protect consumers against unfair practices. It is the brainchild of Massachusetts Sen. Elizabeth Warren, who discussed the agency’s major accomplishments with MSNBC’s Chris Hayes.
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Miles Kampf-Lassin is Senior Editor at In These Times. Follow him at @MilesKLassin