Three months after Richard Cordray soundly beat Ohio mainstay, former congressman Dennis Kucinich for the chance for the Buckeye State’s top executive, the Republican Governor’s Association (RGA) launched a withering attack ad impugning Cordray’s performance as President Barack Obama’s first Director of the constitutionally dubious Consumer Bureau of Financial Protection – or CBFP.
From 2012 through 2017, the empowered progressive stripped over $12 billion from Wall Street, as reported by Vox.
In the same time period, however, the newly created bureau was hacked hundreds of times, exposing the financial records of Americans, sticking them with years of risk from identity theft and other financial crimes.
In a statement, the RGA said the new television ad launched Thursday highlights “Washington D.C. Bureaucrat Richard Cordray’s secret collection of financial information from millions of Americans that he then failed to protect from hacking.”
“After collecting personal financial data from millions of American consumers without their knowledge, Richard Cordray failed to safeguard their information, leaving it vulnerable to be hacked over 200 times,” said RGA Communications Director Jon Thompson. “When Americans needed Cordray to protect them, he failed. Cordray’s record of incompetence as a Washington D.C. bureaucrat shows that Ohioans can’t trust him to lead.”
Richard Cordray ran a powerful Washington Bureaucracy that secretly collected personal information from hundreds of millions of accounts.
Your personal data, what you spend, Cordray secretly collected it, but didn’t protect it.
And left the personal information of millions vulnerable.
Hacked over 200 times.
Credit card fraud, identity theft, Cordray failed to keep us safe.
Richard Cordray, a collection we didn’t authorize, a charge we can’t afford.
Ohio voters first heard of Richard Cordray 1990 when he ran for and won a seat in the Ohio State House. In 1992 he ran for US Congress, and was defeated – but not before gaining the notice of then-Ohio Attorney General Lee Fisher, who named Cordray as the state’s first Solicitor General the following year.
In 1996, Cordray was elected to the Ohio Democratic Party Central Committee, during which he ran for Ohio Attorney General but was defeated. In 2000, he ran for U.S. Senate and lost in a three-way primary.
He returned to public office in 2002 with his election as the Franklin County Treasurer.
Four years later, he was elected as the Ohio State Treasurer; and in 2008, after the abrupt resignation of the incumbent following a sex scandal, Cordray won his bid to be the Ohio Attorney General, where he served until the Obama Administration tapped him to head the newly created CBFP.