House Bill Would Open Up CFPB Advisory Meetings

Law360, New York (March 21, 2014, 2:12 PM EDT) -- Weeks after being denied entry to a Consumer Financial Protection Bureau advisory committee meeting, a Republican lawmaker on Wednesday introduced a bill that would block the bureau from holding closed-door meetings.

Rep. Sean Duffy, R-Wis., a member of the House Financial Services Committee and a consistent thorn in the CFPB's side, said that his bill, H.R. 4262, would require the CFPB to comply with the Federal Advisory Committee Act. That act requires federal agencies to provide a database listing participants in advisory committees made up of...
To view the full article, register now.