Consumer Agency Head: 'We Can Win Our Critics Over'

INDIANAPOLIS (MainStreet) -- Among all the goals of the new Consumer Financial Protection Bureau, none seem quite as ambitious as winning over the many Republicans who have fought hard every step of the way to kill the agency or limit its power. But don't tell that to the consumer watchdog agency's leader.

"They represent the same people that we do, they hear from the same people that we do, they hear the same things that we do, and if we are showing progress that improves their lives, then I think we can win our critics over," said CFPB Director Richard Cordray on Friday at a conference of the Society of American Business Editors and Writers.

After months of legislative battles, CFPB Director Richard Cordray says the agency's finally in a position to prove itself to critics.