House Financial Services Committee Chairman Jeb Hensarling Reacts to CFPB Controversy

HouseFinancialServicesCommitteeChairJebHensarlingRTX-AP-DailyBuisnessNewsMHProNewsWASHINGTON, D.C. — House Financial Services Committee Chairman Jeb Hensarling (R-TX) was interviewed on Tuesday and Wednesday about the change in leadership at the Consumer Financial Protection Bureau (CFPB).

The interviews began with a focus on the controversy over who is running the CFPB.

As Daily Business News readers know, on his way out the door, Richard Cordray ‘appointed’ his deputy, Leandra English, to run the agency.

Leandra English Sues to Control CFPB, Who’s Legally in Charge?

President Trump meanwhile tapped White House budget director Mick Mulvaney as the interim agency head.

Mulvaney Moves Quickly to Start Reigning in the CFPB

House Financial Services Committee Chairman Hensarling sees that legal controversy, which is likely to end up favoring the Trump Administration, differently than others do.

This is a last, desperate gasp of the previous director who came in under a legal cloud and he will go out under a legal cloud. This is a waste of time.  But the problem is not so much who is running the CFPB,” said Hensarling.

The problem is the CFPB…This is an agency that absolutely has to be reformed,” Hensarling statement to MHProNews said.

Its the latest in what Senator Ron Johnson from Wisconsin called, “Sabotage,” part of the resistance to the Trump agenda. 

“Sabotage” says U.S. Senator

But in spite of that “sabotage,” Bloomberg’s recent report reflects overall satisfaction by Trump voters, one year after the election.

8 Trump Voters, One Year Later – How They Feel, per Bloomberg

We Provide, You Decide.” © ## (News, analysis, and commentary.)  

Note 1: For those who want to sign up to our industry leading headline news updates – typically sent twice weekly – please click here to sign up in just seconds.

Note 2: For news tips, and commentary, email with a BOLD subject line (MH Tip, MH Commentary, etc.) to:

(Image credits are as shown above, and when provided by third parties, are shared under fair use guidelines.)

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted by Soheyla Kovach to the Daily Business News for

mas kovach mhpronews shopping with soheyla .jp

Get our ‘read-hot’ industry-leading 

get our ‘read-hot’ industry-leading emailed headline news updates

Scroll to Top