house financial services

The House Committee on Financial Services will hold a hearing tomorrow to receive the Semi-Annual Report of the CFPB and Director Cordray’s testimony on the report. CFPB Director Cordray is scheduled to be the only witness.

Director Cordray testified before the Senate Committee on Banking, Housing and Urban Affairs last week on the CFPB’s semi-annual

On Tuesday, June 10, the House Financial Services Committee held a markup to discuss several bills designed to promote greater transparency and accountability at the CFPB.  In his opening statement, Chairman Hensarling characterized the CFPB as a “uniquely unaccountable agency,” and emphasized that “regardless of how noble a purpose an agency may have, it does

The House Financial Services Committee will hold a markup this Tuesday, June 10. The full Committee will meet to discuss several bills, including some relating to the CFPB that were discussed at the Committee’s last hearing on “Legislative Proposals to Improve Transparency and Accountability at the CFPB.” The Committee will consider and mark up the

On Wednesday of last week, the House Committee on Financial Services held a hearing entitled “Legislative Proposals to Improve Transparency and Accountability at the CFPB” to examine bills and discussion drafts of potential bills that are designed to promote greater transparency and accountability at the CFPB. In addition to the three witnesses that were scheduled

On Wednesday of last week, the House Financial Services Committee held another hearing on alleged CFPB employee discrimination. At the hearing, which was titled “Allegations of Discrimination and Retaliation within the Consumer Financial Protection Bureau, Part Two,” Committee members questioned CFPB witnesses who had been subpoenaed after declining to attend the first hearing in April.

According to a Politico report, a CFPB spokesman has said that the two invited CFPB representatives will not be participating in the hearing scheduled for this Wednesday, April 2 by the House Financial Services Committee’s Subcommittee on Oversight and Investigations.

Entitled “Allegations of Discrimination and Retaliation within the Consumer Financial Protection Bureau,” the hearing is

The House Financial Services Committee appears to have stolen a page from the CFPB’s play book.  The CFPB’s website invites consumers to “tell us your story, good or bad, about your experience with consumer financial products” by completing an online form. 

Now, the Committee is asking consumers and business owners to “[t]ell us your story.” 

Tomorrow, the House Financial Services Committee will conduct a hearing entitled “The Semi-Annual Report of the Consumer Financial Protection Bureau.”  CFPB Director Cordray is the only scheduled witness. 

The CFPB’s fourth Semi-Annual Report was issued in November 2013.  Based on the Committee’s hearings on previous Semi-Annual reports, the report itself is likely to receive little

The Subcommittee on Financial Institutions and Consumer Credit of the House Financial Services Committee has rescheduled the hearing entitled “Examining Legislative Proposals to Reform the Consumer Financial Protection Bureau.”  Previously scheduled for last week, the hearing is now scheduled for tomorrow, October 29, 2013, at 3 p.m. EST. 

The following witnesses are scheduled to appear: