CFPB returning to lawless, anti-business, unaccountable agency

In his opening statement at a U.S. Senate Banking Committee hearing, Ranking Member Pat Toomey (R-Pa.) said that the Biden administration has rushed to return the Consumer Financial Protection Bureau (CFPB) to the lawless, anti-business, unaccountable agency that it was under the Obama administration. Senator Toomey also criticized Director Rohit Chopra for his refusal to … Continue reading CFPB returning to lawless, anti-business, unaccountable agency

Biden looks to weaponize CFPB with radical pick

In advance of a Consumer Financial Protection Bureau (CFPB) oversight hearing later this month, all Financial Services Committee Republicans, led by Patrick McHenry (NC-10), sent a letter to the new Director of the CFPB, Rohit Chopra. The letter outlines Republicans’ concerns with three partisan, anti-consumer actions recently taken by the CFPB, while awaiting a permanent … Continue reading Biden looks to weaponize CFPB with radical pick