American Financial Services Association

CFPB Next to Get the House Financial Services Committee Treatment

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CFPB Next to Get the House Financial Services Committee Treatment

On October 9, 2019, House Financial Services Chair Maxine Waters (D-CA) announced a new slate of committee hearings and markups. One notable session, scheduled for October 16, 2019, is entitled, “Who is Standing Up for Consumers? A Semi-Annual Review of the Consumer Financial Protection Bureau.”

Given some Congressional skepticism of the direction of the Bureau since the departure of Director Richard Cordray, this hearing should provide for a lively discussion on policy preferences from House members in both parties. The hearing will be available on the HFSC website and AFSA staff will keep members informed.

October 11th, 2019 by