The head of the Consumer Financial Protection Bureau (CFPB) is now the target of television ads that allege Dir. Richard Cordray is going to run for governor of Ohio, and that the CFPB is seeking to limit arbitration clauses, which is seen as beneficial to plaintiff attorneys.

MHProNews has learned from American Banker that the ads “appear to be the work of Lincoln Strategy Group,” an Arizona political strategy group that has been sending operatives to trail Cordray, and which has been linked to Mitt Romney’s campaign and other Republican honchos.

American Banker further states that Lincoln executives show up at CFPB events and ask politically-pointed questions, reports pymnts. A group called Protect America’s Consumers has also taken out ads targeting the CFPB.

Other ads depict complaints of discrimination against female and minority staffers, and that the remodeling of CFB headquarters has cost more than a Las Vegas casino.

Cordray, whose term ends in 2018, has not publicly stated he intends to run for governor of Ohio. ##

(Photo credit: ABC News–Richard Cordray)

Article submitted by Matthew J Silver to Daily Business News-MHProNews.