Why Banks and Credit Unions Would Want a Bipartisan CFPB Commission Now
On the cusp of possibly getting a regulatory-reducing director in at the CFPB, why would bank and credit union trade groups be lobbying Congress for the implementation of a 5-person bipartisan committee? Because no one responsible for complying with regulations is eager to see the CFPB become a political weapon subject to wild fluctuations every four years. Here's what the CBA, CUNA, ICBA, and NAFCU is telling Congress. [12/8/16]
