Is The CFPB Accessible Or Remote? Depends On Who’s Talking
Is the CFPB accessible or remote? Depends on who’s talking
Cordray: “We do try to be accessible, and I think nobody can complain that they can’t get their voices heard at the Consumer Financial Protection Bureau, and that’s the way it should be.”
Whether the Consumer Financial Protection Bureau is accessible, caring and effective, or remote, tyrannical and “terrifying,” depends on your political point of view, judging by recent testimony in Congress.
True to form, opinions broke along party lines in two hearings last week. The first was a nearly six-hour grilling on April 5, when the mostly hostile, Republican-led House Financial Services Committee questioned CFPB Director Richard Cordray.
Cordray was …