H.R. 1266, which would replace CFPB director with 5-person commission, is part of Republican effort to "defund and defang" CFPB, Hillary Clinton tells lawmakers in a letter, according to Politico. "I also hope you'll stand with me in opposing any other efforts to roll back the Dodd-Frank Act's financial reforms in the upcoming budget and debt ceiling negotiations": Clinton NOTE: House Financial Services Cmte on Sept. 30 voted 35-24 to approve H.R. 1266
Source: Bloomberg.com news