Republican Congressman Jeb Hensarling, who chairs the House Financial Services Committee, has established a new policy for using his authority to issue subpoenas to the CFPB and other agency’s subject to the Committee’s oversight.  According to a letter from Mr. Hensarling to Democratic Congresswoman Maxine Waters, the Committee’s ranking member, an agency will have “two

According to a Politico report, the House Financial Services Committee’s Subcommittee on Oversight and Investigations voted yesterday to issue three subpoenas in connection with the Subcommittee’s investigation into alleged CFPB employee discrimination. 

The subpoenas were issued to Stacey Bach, Assistant Director of the CFPB’s Office of Equal Employment  Opportunity, Liza Strong, the CFPB’s Director of

One of the Interim Final Rules released by the CFPB, Disclosure of Records and Information Rules, sets forth the CFPB’s position with regard to sharing information that it gathers and obtains though its activities. 

The Rule begins by defining much of the information received or generated by the CFPB as “confidential” – including consumer