Consumer Financial Protection Bureau building in Washington, D.C. Photo by Diego M. Radzinschi
In part, the bill would restrict the reorganization of bureau units and limit the hiring of political appointees.
May 23, 2019 at 08:06 AM
1 minute read
The original version of this story was published on Credit Union Times
The House on Wednesday passed House Financial Services Chairwoman Maxine Waters’ (D-Calif.) legislation to reverse many of the decisions made by former CFPB Acting Director Mick Mulvaney while he was at the agency.
The House passed H.R 1500, by a vote of 231-19; the bill now goes to the Senate, where it is virtually certain to die.
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