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House committee considers more CFPB legislation
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Consumer Protection, Legislation
Tuesday, May 27, 2014
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The U.S. House Financial Institutions and Consumer Credit Subcommittee held a hearing to examine 11 legislative proposals some lawmakers and industry advocates said would improve transparency and accountability at the Consumer Financial Protection Bureau. However, a representative from the U.S. Public Interest Research Group urged lawmakers to reject all of the bills, arguing that the proposals would make it harder for the CFPB to do its job.
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