The Financial Institutions and Consumer Credit subcommittee of the House Committee on Financial Services held a hearing on May 21 to review legislative proposals that could make the CFPB more transparent.
The hearing, titled “Legislative Proposals to Improve Transparency and Accountability at the Consumer Financial Protection Bureau (CFPB),” examined seven bills and four discussion drafts aimed at promoting better transparency from the CFPB.
The witnesses included: Andrew Pincus, partner, Mayer Brown LLP (speaking for the U.S. Chamber of Commerce); Hester Peirce, senior research fellow, Mercatus Center, George Mason University; Rob Chapman, president, American Land Title Association (ALTA); and Ed Mierzwinski, consumer program director, United States Public Interest Research Group.
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