Congressman introduces legislation to "reform" CFPB
Read this proposed legislation and weigh in with your elected:
Would take CFPB budget out of the Fed's (i.e. legislators would control CFPB funding absolutely)
Would take authority away from Cordray and give it to a "Commission" of political appointees.
http://www.lexology.com/library/detail.aspx?g=b4514056-bcd5-4baa-b8e0-453488d30e54&utm_source=lexology+daily+newsfeed&utm_medium=html+email+-+body+-+federal+section&utm_campaign=lexology+subscriber+daily+feed&utm_content=lexology+daily+newsfeed+2015-03-10&utm_term=
H.R.1266
Latest Title: To amend the Consumer Financial Protection Act of 2010 to make the Bureau of Consumer Financial Protection an independent Financial Product Safety Commission, and for other purposes.
Sponsor: Rep Neugebauer, Randy [TX-19] (introduced 3/4/2015) Cosponsors (20)
Latest Major Action: 3/4/2015 Referred to House committee. Status: Referred to the House Committee on Financial Services.
Current COSPONSORS(20) in the House who would strip the CFPB of authority: ALPHABETICAL, by date -
Rep Barr, Andy [KY-6] - 3/4/2015
Rep Duffy, Sean P. [WI-7] - 3/4/2015
Rep Fitzpatrick, Michael G. [PA-8] - 3/4/2015
Rep Garrett, Scott [NJ-5] - 3/4/2015
Rep Guinta, Frank C. [NH-1] - 3/4/2015
Rep Hill, J. French [AR-2] - 3/4/2015
Rep Huizenga, Bill [MI-2] - 3/4/2015
Rep Love, Mia B. [UT-4] - 3/4/2015
Rep Luetkemeyer, Blaine [MO-3] - 3/4/2015
Rep McHenry, Patrick T. [NC-10] - 3/4/2015
Rep Pearce, Stevan [NM-2] - 3/4/2015
Rep Pittenger, Robert [NC-9] - 3/4/2015
Rep Poliquin, Bruce [ME-2] - 3/4/2015
Rep Ross, Dennis A. [FL-15] - 3/4/2015
Rep Rothfus, Keith J. [PA-12] - 3/4/2015
Rep Schweikert, David [AZ-6] - 3/4/2015
Rep Tipton, Scott R. [CO-3] - 3/4/2015
Rep Wagner, Ann [MO-2] - 3/4/2015
Rep Westmoreland, Lynn A. [GA-3] - 3/4/2015
Rep Williams, Roger [TX-25] - 3/4/2015
BILL BELOW
