Dodd-Frank

Warren Defends CFPB Structure 

Elizabeth Warren, special advisor to the Obama Administration responsible for setting up the Consumer Financial Protection Bureau (CFPB) warned that changes to the agency's structure would negatively impact the effectiveness of their regulatory goals.    Speaking as the Society of American Business Editors and Writers conference on Friday, she stated that efforts to bring the CFPB's funding under the Congressional appropriations process is simply a goal to politicize the CFPB's funding and weaken its ability to achieve its stated goals.  Currently, the bureau is funded through the Federal Reserve under mandates by the Dodd-Frank Act and does not require