House Financial Services Chairman Jeb Hensarling (R-Texas) called on Consumer Financial Protection Bureau Director Richard Cordray to abandon the $215.8 million renovation project for the agency's new headquarters and choose a less costly alternative.
In July 2014, Hensarling said he asked Cordray for the name of the person who made the decision to renovate the building, which the CFPB is leasing from the Office of the Comptroller of the Currency.
Hensarling said he has not received an answer and the project is behind schedule and over budget.
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