The CFPB is unaccountable to the President, because the director can only be removed for cause.
Jeb Hensarling: “The CFPB is unaccountable to the President, because the director can only be removed for cause.”
On the recordApril 10, 2018
Source
congress.govEditor's note · Context
Hensarling explains the lack of accountability of the CFPB to the President.
Share
More from Jeb Hensarling
Dec 11, 2018
Tonight it is a privilege that I have to yield to somebody who has become a good friend and an excellent colleague, who has served with me, at my side, at the House Financial Services Committee, who will be leaving us at the end of this…
Jul 22, 2024
Congress needs to do its job. You need to write legislation with more specificity.
Nov 13, 2018
As we saw in the last crisis, it is the average hardworking Americans that will suffer the consequences if Washington deregulates Wall Street mega banks again.
Sep 5, 2018
Putting layers of diversified private capital in a first loss position will help ensure more accurate pricing of risk.





