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Consumer Financial Protection Board Act

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Senate Republicans unveil bill to replace CFPB director with committee HW+

Feb 01, 2017By

Sens. Deb Fischer, R-Nebraska; John Barrasso, R-Wyoming; and Ron Johnson, R-Wisconsin, introduced a bill this week that would replace the single director of the CFPB with a five-member bipartisan committee, a change the Republican Party has long pushed for. According to Fischer’s office, this is actually the third version of this bill, which she previously introduced in 2015 and 2016 to no avail. But will the third time be the charm?

3d rendering of a row of luxury townhouses along a street

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