Incoming GOP House Financial Services Committee Chair Grills CFPB’s Chopra

“I’ll start by stating the obvious: the lack of transparency with your agency is appalling” – Incoming HFSC Chair, McHenry

In a preview of what is to come next year, things got testy last week at the Congressional House Financial Services Committee (HFSC) as they reviewed last year’s actions of the Consumer Financial Protection Bureau under Director Rohit Chopra. Incoming HFSC Chair McHenry made clear his displeasure with CFPB Director Chopra’s leadership as he questioned the integrity of their approach to rule making and guidance.

Incoming GOP House Financial Services Committee Chair Grills CFPB’s Chopra – Consumer Financial Protection Bureau – CFPB