21 Lawmakers Come Out To Defend The Consumer Financial Protection Bureau


21 Lawmakers Come Out To Defend The Consumer Financial Protection Bureau

While most federal agencies will soon see a change in leadership and direction after President-elect Donald Trump takes office, the head of the Consumer Financial Protection Bureau is supposed to be shielded from such sudden changes. A recent court decision put that protection — and the future of the CFPB itself — in question, but today a group of 21 federal lawmakers, along with a coalition of consumer advocates and civil rights groups, asked the court to keep the CFPB’s structure intact.
A quick round of catch-up for those coming in late: The CFPB has only one director — currently Richard Cordray, who …

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