On the recordJuly 29, 2020
The structure of the Bureau is unchecked by Congress and the President.
Source
congress.govThe structure of the Bureau is unchecked by Congress and the President.
Critiques the CFPB's structure as lacking accountability.
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More from Blaine Luetkemeyer
That is not a request by a letter. That is in the law that Congress passed. She is supposed to show up.
I am an interesting guy to have on the committee here this morning because I was a sponsor, the Republican sponsor, of the Corporate Transparency Act.
As much as I hate that bill and hate that rule, my intention on that was to make sure we minimize the effect of this bill or this rule because it originally was a horrendous thing.
There is discomfort and disquiet out there in the small business community that they are going to get in trouble for trying to comply with something they can't understand