( April 2, 2012) -- In his most recent appearance on Capitol Hill, Richard Cordray, director of the Consumer Financial Protection Bureau, faced a barrage of attacks by Republican members of the House Financial Services Committee, who questioned the constitutionality of his recess appointment, expressed frustration that his agency escapes oversight because it is not subject to the appropriations process and criticized the CFPB’s “unfettered” discretion in identifying abusive or deceptive financial products and services....