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Legislation

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House Bills Aims to Replace CFPB Director with Bipartisan Committee 

Mar 09, 2015By

A bill introduced last week in the House of Representatives wants to change the leadership structure of the Consumer Financial Protection Bureau (CFPB) from a sole director-led agency to one headed by a multi-member commission. Introduced by Representative Randy Neugebauer (R-Texas), the bill (H.R. 1266) would create a bipartisan five-person committee appointed by the president […]