U.S. consumer watchdog chief Cordray tests Ohio's election waters

Reuters: CINCINNATI (Reuters) - Democrat Richard Cordray delivered a campaign-style stump speech at a sprawling Labor Day celebration on Monday, but the U.S. Consumer Financial Protection Bureau chief stopped short of saying whether he intends to run for governor of Ohio.

If Cordray were to step down to run for political office it would allow President Donald Trump to appoint a successor as head of the consumer watchdog agency, which has stoked the ire of Wall Street with steep penalties for misconduct and tougher rules on lending.

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