House hearing highlights partisan division over CFPB mission
Briefly

The U.S. House of Representatives Subcommittee on Financial Institutions and Monetary Policy held a hearing last week on whether the Consumer Financial Protection Bureau (CFPB) should be reformed in regard to its mission.Subcommittee Chairman Rep. Andy Barr (R-KY) used the opening remarks to note that the agency is lacking oversight that's consistent with other federal agencies while taking aim at CFPB Director Rohit Chopra for the enforcement actions pursued since Chopra entered office.
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