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Home » House Bill Would Overhaul CFPB Leadership Structure
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House Bill Would Overhaul CFPB Leadership Structure

March 19, 2018
A bill to replace the CFPB director with a bipartisan commission was introduced to the House of Representatives last week.The Financial Product Safety Commission Act of 2018, H.R. 5266, was introduced by Rep. Dennis Ross, R-FL, and its co-sponsors include two Democratic House members. The bill would change the CFPB’s name to the “Financial Product Safety Commission.” The proposal would create a five-member commission, whose members are appointed by the president ...
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