Waters: Cancel House CFPB discrimination hearing

cancel cfpb discrimination Hearing: Democrats Democrat members of the House Financial Services Committee say the April 2 hearing belongs in court, not Congress. Republicans disagree.

WASHINGTON, Aug 4 (Reuters) – Republicans in the U.S. House of Representatives are pushing to hold Consumer. Republicans on the panel have been fiercely critical of the CFPB’s regulatory work. The.

The House Financial Services Committee – which, under Republican leadership, regularly criticized the CFPB for being too hard on the finance industry – held a contentious hearing Wednesday in.

Following the announcement that the Consumer Financial Protection Bureau (CFPB) and the National Treasury Employees Union (NTEU) will not participate in a House Financial Services Subcommittee on Oversight and Investigations hearing to discuss ongoing claims of a single employee, two key Democratic members have raised concerns about the repercussions of holding such a hearing.

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The way Rep. Maxine Waters (D-CA) sees it, the banking industry has gotten a free ride for far too long. As the new chair of the House Financial Services Committee, she’s ready to bring in Wells.

An attorney at the Consumer Financial Protection Bureau (CFPB) on Wednesday accused managers at the watchdog of engaging in widespread discrimination and retaliation. Angela Martin, a senior.

CFPB: House Committee Investigates Allegations of Discrimination; Views Differ on Motivations for Hearings-Destroy CFPB or Address Discrimination June 26, 2015 January 17, 2016 ~ Alex W. On June 25, 2015, the oversight and investigations subcommittee of the House of Representatives’ Committee on Financial Services held a fifth hearing about.

This week, the House Financial Services Committee. Protection and Financial Institutions will convene a hearing entitled, “The Community Reinvestment Act: Assessing the Law’s Impact on.

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Familiar themes of Democratic members included how the financial crisis gave rise to the CFPB and how the CFPB serves consumers by protecting them from discrimination, fraud, and other unlawful practices. The hearing’s battle lines were drawn during the opening remarks of Chairman Hensarling and Ranking Member Waters.

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