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CFPB’s Perceived Overreach, Lack of Accountability Discussed in Congressional Hearing

CFPB’s Perceived Overreach, Lack of Accountability Discussed in Congressional Hearing CFPB’s Perceived Overreach, Lack of Accountability Discussed in Congressional Hearing Author:  Brian Honea   March 3, 2015   0 Share on facebook Share on twitter Share on email Share on pinterest_share More Sharing Services 11 Two major subjects discussed during Tuesday's hearing entitled "The Semi-Annual Report of the  Consumer Financial Protection Bureau " before the  House Committee on Financial Services were the Republicans' perceived lack of accountability on the part of the Bureau as well as whether or not the Bureau's efforts have been overreaching. CFPB Director Richard Cordray testified during the hearing Tuesday to discuss the Bureau's achievements in its nearly four-year existence as well as answer questions from members of the Committee. Republicans, many of which are members of the Committee, have repeatedly made efforts to reform the CFPB in