Adviser: Ex-CFPB Director Cordray To Launch Bid For Ohio Governor Tuesday

FILE - In this March 26, 2015, file photo, Consumer Financial Protection Bureau (CFPB) Director, Richard Cordray, speaks during a panel discussion in Richmond, Va. The CFPB is considering banning a practice known as forced arbitration for financial services. (AP Photo/Steve Helber, File)
FILE - In this March 26, 2015, file photo, Consumer Financial Protection Bureau Director Richard Cordray speaks during a panel discussion in Richmond, Va. The Consumer Financial Protection Bureau has proposed a massi... FILE - In this March 26, 2015, file photo, Consumer Financial Protection Bureau Director Richard Cordray speaks during a panel discussion in Richmond, Va. The Consumer Financial Protection Bureau has proposed a massive overhaul of the multibillion dollar debt-collection industry. The changes released Thursday, July 28, 2016, would restrict collectors from calling numerous times a day, require them to more substantially prove a debt is valid, and give people more ability to dispute their bills. The CFPB is also proposing a 30-day waiting period on collection attempts for loans tied to a person who has recently died. (AP Photo/Steve Helber, File) MORE LESS
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COLUMBUS, Ohio (AP) — Former consumer watchdog Richard Cordray is set to launch his long-anticipated bid for Ohio governor on Tuesday.

The Democrat planned to make the announcement in his hometown of Grove City, southwest of Columbus, an adviser to his campaign told The Associated Press. The adviser spoke on condition of anonymity because the information was not yet public.

The 58-year-old Cordray is viewed as among Democrats’ strongest contenders to seize a critical swing state from Republicans next year.

He resigned last month as director of the Consumer Financial Protection Bureau, one of the last major Obama-era holdouts in the Trump administration. He is also a former Ohio attorney general and state treasurer.

Cordray is likely to face a bruising battle for the state’s top job. Five Democrats are already in the race and national Republicans are already steadily attacking his record.

The adviser said Cordray will use Tuesday’s campaign event to discuss his commitment to “making things fairer for Ohio families and creating a system that works for everyone.”

In the coming days, Cordray plans to embark on a “kitchen table tour” of the state. He will meet with Democratic activists, community leaders and voters to discuss his vision for the state.

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