Cordray Recess Appointment Hailed By US SIF: The Forum for Sustainable and Responsible Investment

WASHINGTON--In a prepared statement, Lisa Woll, CEO of US SIF: The Forum for Sustainable and Responsible Investment said:
“We strongly support the decision made today by President Barack Obama to appoint Richard Cordray, the highly regarded and well-qualified former Ohio Attorney General, to be the first director of the new Consumer Financial Protection Bureau.  This appointment was long overdue and is essential to helping restore the frayed sense of confidence that Americans have in many financial institutions and consumer financial products.
Attorney General Cordray brings strong pro-consumer credentials to this important job.  His background will help ensure that consumer financial products and services are fairer for all Americans.   
US SIF and its members supported the creation of the CFPB and look forward to working with Mr. Cordray and staff at the CFPB to create a more equitable and sustainable economy.”   
US SIF – The Forum for Sustainable and Responsible Investment ( is the US membership association for professionals, firms, institutions and organizations engaged in sustainable and responsible investing. US SIF and its members advance investment practices that consider environmental, social and corporate governance criteria to generate long-term competitive financial returns and positive societal impact. US SIF's members include investment management and advisory firms, mutual fund companies, research firms, financial planners and advisors, broker-dealers, banks, credit unions, community development organizations, non-profit associations, and pension funds, foundations and other asset owners.