The Consumer Financial Protection Bureau is still in its infancy but critics already say it's not playing nicely with others.
An oversight hearing by the House Financial Services Committee's Subcommittee on Consumer Credit and Financial Institutions gave Republicans another forum Wednesday for criticizing the bureau for overreaching and being insufficiently accountable.
The independent agency, which still lacks a permanent director pending action on the nomination of Richard Cordray, has been in operation for 100 days.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.