Consumer Bureau's Cordray Jousts With Republicans Over Ally DealBy
House members say agency used undue pressure to win settlement
Director says lawmakers have gotten events `exactly backwards'
A U.S. regulator aggressively sparred with House lawmakers over allegations that his agency strong-armed Ally Financial Inc. into settling discrimination claims by threatening to stall a change in its business structure.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.