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Tag Archives: house financial services committee

House subcommittee to hold hearing tomorrow on CFPB’s constitutionality

Posted in CFPB General

The Subcommittee on Oversight and Investigations of the House Committee on Financial Services has scheduled a hearing for tomorrow entitled “The Bureau of Consumer Financial Protection’s Unconstitutional Design.”  The memo from the Committee’s Majority Staff to Committee Members states that “the [h]earing will examine whether the structure of the Bureau violates the Constitution as well… More >

Director Cordray to testify on March 3 before House Financial Services Committee

Posted in CFPB General

The House Financial Services Committee will hold a hearing tomorrow, March 3, entitled “The Semi-Annual Report of the Bureau of Consumer Financial Protection” at which Director Cordray is expected to testify.  The most recent report was issued in December 2014 and covered the period from April 1 through September 30, 2014.  The report itself typically serves… More >

House to hold two hearings on the CFPB this week

Posted in CFPB General

This Wednesday, May 21, the House Financial Services Committee will hold two hearings discussing the CFPB. The first hearing, held by the Oversight and Investigations Subcommittee, will continue the Committee’s previous hearing on alleged CFPB employee discrimination. Entitled “Allegations of Discrimination and Retaliation within the Consumer Financial Protection Bureau, Part Two,” the Subcommittee will continue… More >

House issues subpoenas in connection with investigation of alleged CFPB employee discrimination

Posted in CFPB General

According to a Politico report, the House Financial Services Committee’s Subcommittee on Oversight and Investigations voted yesterday to issue three subpoenas in connection with the Subcommittee’s investigation into alleged CFPB employee discrimination.  The subpoenas were issued to Stacey Bach, Assistant Director of the CFPB’s Office of Equal Employment  Opportunity, Liza Strong, the CFPB’s Director of… More >

House to hold hearing on economic consequences of actions taken by CFPB and other federal regulators

Posted in CFPB General

This Tuesday, April 8, the House Financial Services Committee will hold a hearing entitled “Who’s in Your Wallet: Examining How Washington Red Tape Impairs Economic Freedom.”  According to the Committee memo, the hearing will examine the economic consequences of recent rulemaking, supervisory, and enforcement actions of the CFPB, FDIC, Fed, NCUA and OCC.  Issues to… More >

CFPB employee testifies at House hearing on alleged CFPB employee discrimination

Posted in CFPB General

At yesterday’s hearing on alleged CFPB employee discrimination conducted by the House Financial Services Committee’s Subcommittee on Oversight and Investigations, a CFPB employee is reported to have testified that the agency has “a pervasive culture of retaliation and intimidation that silences employees and chills the workforce from exposing wrongdoing.”    Angela Martin, a CFPB enforcement attorney, claimed that… More >