House Financial Services

Hensarling to CFPB’s Cordray: Publicly confirm you’ll serve your full term

It’s been a busy year for the Consumer Financial Protection Bureau so far, proposing changes to the Home Mortgage Disclosure Act, banning mandatory arbitration clauses, finalizing the updates to the TILA-RESPA Integrated Disclosure rule and much more. But, to the chair of the House Financial Services, Director Richard Cordray is fairly busy for someone who, some say, will not finish out their full term. Will he stay, or will he go? The HFSC wants to know.