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Home > Acquisitions > Bill Introduced in Congress to turn CFPB Structure into Commission
Aug10 - 21

Bill Introduced in Congress to turn CFPB Structure into Commission

Maybe this time, things will be different. For not the first time, a bill has been introduced in Congress that seeks to change the leadership structure of the Consumer Financial Protection Bureau to a multi-member commission from a single director organizational structure.

The bill will be introduced by Rep. Blaine Luetkemeyer [R-Miss.], the Ranking Member of the House Financial Services Committee’s Subcommittee on Consumer Protection and Financial Institutions. A copy of the bill can be accessed by clicking here. Rep. Luetkemeyer previously introduced similar legislation during the most recent Congressional session, but was not able to get any momentum behind his bill. Read the complete article here.

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