Richard Cordray discusses the ins and outs of the new agency on 'The Daily Show.'
Richard Cordray, director of the Consumer Financial Protection Bureau, stopped by The Daily Show on Wednesday to discuss his agency.
"Our job is to see that people are treated fairly in the market place and it's an important job, I think." Cordray said.
The interview ranged from new rules implemented following the financial crisis, as well as punitive measures for those who break them.
"It's pretty back-to-basic stuff," he said. "That there should not be debt traps peddled to the American people."
See the entire interview here: