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Legislation

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House Bill Would Replace CFPB Director With Bipartisan Commission 

Mar 17, 2011By

Financial Services Committee Chairman Spencer Bachus introduced legislation to establish a bipartisan commission of five members at the Consumer Financial Protection Bureau (CFPB) responsible for faciliting consumer financial protection. The Responsible Consumer Financial Protection Regulations Act provides the commission the ability to carry out all of the duties that would otherwise fall on the director […]