Republicans on the House Financial Services Committee are harassing the CFPB in an effort to undermine the agency's work, committee Democrats charge in a new staff report.
"Republicans in Congress have been clamoring to weaken and ultimately destroy the consumer bureau since its creation," panel ranking Democrat Maxine Waters (D-Ca.) said in releasing the report, which uses the fight over the CFPB's arbitration rule as a case study.
"Congressional Republicans and the Trump administration have continued to push to undermine, and even abolish, the consumer bureau," the report said.
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