January 26, 2012 2:01PM 

# Headline of the Week: “Consumer Chief Richard Cordray Promises Not to Abuse His Power” 

By [Michael F. Cannon](https://www.cato.org/people/michael-f-cannon) 

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From the *[Los Angeles Times](http://www.latimes.com/business/money/la-fi-mo-cordray-consumers-20120124,0,7725336.story)*.

It works on so many levels.

##### Related Tags 

[Government and Politics](https://www.cato.org/government-politics), [Regulation](https://www.cato.org/regulatory-studies) 

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