Senator Tom Coburn (R-Okla.) grilled CFPB Director Richard Cordray Tuesday for further details on the bureau's $185 million headquarters renovation project.
Coburn, pictured at left, asked Cordray during a Senate Banking Committee hearing on the CFPB's semiannual congressional report for the square footage of the CFPB's leased headquarters, which is being renovated at an approximate cost of $185 million – up from an earlier $95 million estimate.
"I can't give you exactly what the square footage is but what I know is that the building is problematic. We're actually having to move out of it so it can be renovated," Cordray told Coburn.
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