Visits by CFPB Director Richard Cordray to Capitol Hill are always times of high drama, or high theater, depending on your perspective, and his visit last week to deliver his agency’s semi-annual report to the House Financial Services Committee was no exception. One of the hot buttons Republicans kept pressing was the bureau’s use of civil investigative demands. Rep. Blaine Luetkemeyer, R-MO, chairman of the House Financial Services Subcommittee on Financial Institutions, got the ball rolling by bringing up the bureau’s proposed changes related to the disclosure of records information, issued in August 2016. “As I understand it, this amendment would impose what would amount to an unprecedented gag order on any individual or entity under investigation by the CFPB,” ...