Browsing: CFPB reform

Compliance and Risk

A spokesman for President-Elect Donald Trump said yesterday that Trump has interviewed former Rep. Randy Neugebauer (R-Texas) for the post of Consumer Financial Protection Bureau director — indicating that Trump may be considering removing current director Richard Cordray from his post before his term expires in 2018.


Sens. Deb Fischer (R-Neb.), Ron Johnson (R-Wis.) and John Barrasso (R-Wyo.) on Wednesday introduced a bill (S. 105) that would replace the Consumer Financial Protection Bureau’s single director with a bipartisan, five-member board.

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