House GOP Pushes For Changes To CFPB Data, Pay Policies

Law360, New York (October 29, 2013, 6:16 PM EDT) -- Republicans in the U.S. House of Representatives on Tuesday renewed their push to make changes to the Consumer Financial Protection Bureau's structure, this time adding new restrictions on data collection and employee salaries to their calls for a commission structure and funding oversight.

At a hearing of the House Financial Services Subcommittee on Financial Institutions and Consumer Credit, Republican lawmakers brought forward bills that would establish a five-member commission at the top of the CFPB and make it subject to the appropriations process rather than funded...
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