Cordray expected to announce Ohio gubernatorial bid on Tuesday: report

Cordray expected to announce Ohio gubernatorial bid on Tuesday: report
© Greg Nash

Former Consumer Financial Protection Bureau (CFPB) head Richard CordrayRichard Adams CordrayConsumers need a hero, not a hack, to head the CFPB Overnight Regulation: Feds push to clarify regs on bump stocks | Interior wants Trump to shrink two more monuments | Navajo Nation sues over monument rollback | FCC won't delay net neutrality vote | Senate panel approves bill easing Dodd-Frank rules Overnight Finance: GOP delays work on funding bill amid conservative demands | Senate panel approves Fed nominee Powell | Dodd-Frank rollback advances | WH disputes report Mueller subpoenaed Trump bank records MORE is expected to announce his candidacy for Ohio governor on Tuesday, The Associated Press reported.

Cordray, who's been rumored to be eyeing a bid for some time, will make the announcement in his hometown of Grove City, an adviser told the AP.

Cordray, 58, resigned last month as director of the CFPB, which set off a legal battle over who should serve as his successor. 

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Cordray named deputy director Leandra English as acting director, while President Trump argued he had authority to name an interim replacement, tapping Mick MulvaneyJohn (Mick) Michael MulvaneyConsumers need a hero, not a hack, to head the CFPB Overnight Regulation: Feds push to clarify regs on bump stocks | Interior wants Trump to shrink two more monuments | Navajo Nation sues over monument rollback | FCC won't delay net neutrality vote | Senate panel approves bill easing Dodd-Frank rules Overnight Cybersecurity: Mueller probe cost .7M in early months | Senate confirms Homeland Security nominee | Consumer agency limits data collection | Arrest in Andromeda botnet investigation MORE, the director of the Office of Management and Budget.

Cordray previously served as Ohio's attorney general and treasurer.

Five Democrats have already announced they'll seek the gubernatorial nomination to replace outgoing Ohio Gov. John Kasich (R), who cannot seek reelection because of term limits.

Television host and former Cincinnati Mayor Jerry Springer said last week he will not run for the office.