CFPB Restructuring Proposals

Cordray’s Appearance Before Senate Banking Committee Renews Debate on CFPB Restructuring ProposalsConsumer Financial Protection Bureau (CFPB) Director Richard Cordray appeared before the U.S. Senate Committee on Banking, Housing and Urban Affairs on Wednesday, July 15, 2015. Many of the Committee’s questions and comments focused on whether the CFPB should undergo structural changes. Specifically, committee members discussed whether the CFPB should be subjected to the Congressional appropriations