Michael cordray parents

Richard Cordray

STATE:Ohio|CATEGORY:Elected Officials, Government

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Summary

In this oral history interview, Richard Cordray begins by describing his initial work on the regulation of residential mortgages during his time in the Ohio legislature during the 1990s.  Cordray explains the key changes he witnessed in the market since then, including an increasingly aggressive posture by mortgage lenders during the 2000s. Cordray also discusses how Ohio differed from other states across the country in its experience with the housing crisis. In particular, he notes that Ohio was one of the first states to experience elevated numbers of foreclosures, and it became clearer over time that this was linked to the fact that Ohio was one of the first states to suffer from a new wave of irresponsible lending practices. Cordray then reflects on his role as a state regulator/state official throughout the crisis, describing, amongst other things, the ways in which effective regulatory oversight was limited by federal preemption

Ohio's Opioid Crisis
A growing Ohio public health crisis is ravaging our families and our communities. Over 17,000 Ohioans died of drug overdoses from 2010-2016, many attributable to abuse of prescribed opioids. Researchers at OSU now estimate the cost of the crisis to Ohio at somewhere between $6.6 billion and $8.8 billion every year.

This crisis is killing about 14 Ohioans every day. Many others are effectively disabled by addiction, unable to function or to qualify for many jobs. The number of opioid-related deaths among African-Americans has more than tripled since 2010. Also unconscionable is the fact that 28% of children taken into the state’s protective custody over this period had parents using opioids. Of the children in state care under the age of one, 70% had opioid-involved parents.

We must get illegal drugs like heroin and meth off our streets. But as many local law enforcement leaders have made clear, we cannot simply arrest our way out of this problem. Overprescription of painkillers must be restricted. Treatment and prevention efforts must also be front

Richard Cordray

American lawyer & politician (born 1959)

Richard Cordray

Cordray in 2021

In office
May 3, 2021 – July 2024[1]
PresidentJoe Biden
Preceded byMark Brown
Succeeded byDenise Carter (acting)
In office
January 4, 2012 – November 24, 2017
PresidentBarack Obama
Donald Trump
DeputySteve Antonakes
Meredith Fuchs (acting)
David Silberman (acting)
Leandra English
Preceded byRaj Date (special advisor)
Succeeded byKathy Kraninger
In office
January 8, 2009 – January 10, 2011
GovernorTed Strickland
Preceded byNancy H. Rogers
Succeeded byMike DeWine
In office
January 8, 2007 – January 7, 2009
GovernorTed Strickland
Preceded byJennette Bradley
Succeeded byKevin Boyce
In office
December 9, 2002 – January 8, 2007
Preceded byWade Steen
Succeeded byEd Leonard
In office
September 19, 1993 – January 6, 1995
GovernorGeorge Voinovich
Preceded byPosition established
Succeeded byJeffrey Sutto

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