Tag Archives: Consumer Financial Protection Bureau

Republican Senators Vow to Block Consumer Board Nominee

Senate Republicans are renewing their vow to block any nominee to head the Consumer Financial Protection Bureau (CFPB) unless major changes are made to its structure. In a letter sent to President Obama on Friday, 43 Republican senators committed to … Continue reading

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Run Away Regulator

The House Oversight Committee has accused the Consumer Financial Protection Bureau (CFPB) of having unchecked power and a vague mandate, giving it the potential to be a “run-away regulator unlike any other in American history.” In a new report issued … Continue reading

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Senate Republicans: We Told You So!

Thirteen months after Senate Republicans warned President Obama that a new consumer finance watchdog’s structure gives an overly broad mandate and unchecked powers to its director, that agency is now involved in higher education. In a letter dated May 2, … Continue reading

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