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). Click on the images below to watch.
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“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. The problem is the CFPB…This is an agency that absolutely has to be reformed.”
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“We have an institution that is arguably the most powerful, unaccountable agency in the history of our Republic. Ostensibly they’re supposed to be on the vanguard, on the forefront of consumer protection and they’re totally asleep at the wheel on Wells Fargo, where obviously cases of theft and cases of fraud took place.”
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