GOP senators call for CFPB commission

02/3/2013 | Hill, The

Forty-three Republican senators wrote a letter to President Barack Obama saying they will block any Consumer Financial Protection Bureau director nominee until the agency is changed so it is run by a bipartisan, five-member commission and its funding goes through the congressional appropriations process. Sen. Jerry Moran, R-Kan., filed legislation Friday to achieve those objectives. Senate banking committee Chairman Tim Johnson, D-S.D., called the action "just politics at play."

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Hill, The

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