Republican Congressmen Seek Answers on Reports of CFPB Staff Being Pushed Out

In a June 22 letter to the inspector general of the Federal Reserve Board and Consumer Financial Protection Bureau, Subcommittee on Government Operations Ranking Member and House Representative Jody Hice (R-GA) called for an urgent investigation into reports that the Biden administration is targeting certain career CFPB employees from the Trump administration to replace them with new hires. Senator Pat Toomey (R-PA), the ranking member of the Senate Banking Committee, called for a similar...
By: Troutman Pepper

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