<a gi-track='captionPersonalityLinkClicked' href=/galleries/search?phrase=Richard+Cordray&family=editorial&specificpeople=7979683 ng-click='$event.stopPropagation()'>Richard Cordray</a>, President Barack Obama's choice to run the U.S. Consumer Financial Protection Bureau, testifies at his nomination hearing before the Senate Banking Committee in Washington, D.C., U.S., on Tuesday, Sept. 6, 2011. Cordray said he sees the new federal agency as a way to enhance consumer protections through a range of responses besides litigation. Photographer: Joshua Roberts/Bloomberg via Getty Images