Tuesday, January 17, 2017
GOP Senators Introduce CFPB Commission Bill
Sens. Deb Fischer (R-Neb.), Ron Johnson (R-Wis.) and John Barrasso (R-Wyo.) have introduced a bill (S. 105) that would replace the CFPB’s single director with a bipartisan, five-member board – similar to other financial regulators, including the Federal Reserve, the FDIC, the SEC and the CFTC.