Report: House Republicans Taking Aim at CFPB

House lawmakers took aim at the Consumer Financial Protection Bureau (CFPB) on Thursday (Feb. 27), passing Republican-backed legislation that would curtail the power of the federal regulator. The Wall Street Journal reported that the bill passed by the House on a 232-182 vote, would replace the CFPB’s single director with a five-member board. It would also subject the [...]