Richard Cordray Archives - VFCU

Lawmakers Consider Removing Non-Working Spouse Rule from CARD Act

Richard Cordray, Director of the Consumer Financial Protection Bureau (CFPB), told lawmakers at a House Financial Services committee hearing this week that the CFPB will likely change the CARD Act to allow credit cards to be given to qualified non-working spouses in their own name. The bureau hopes to introduce the rule to lawmakers before... read more