financialservices.house.gov

Cmte Financial Services (R)
Contact:


Hensarling Statement on CFPB Funding Request

Washington, Jan 18 -

House Financial Services Committee Chairman Jeb Hensarling (TX-05) released the following statement in response to the Consumer Financial Protection Bureau’s (CFPB) funding request letter to the Federal Reserve Board for the Second Quarter of Fiscal Year 2018, requesting $0. 

"It's refreshing to see a government agency take steps to be responsible with taxpayer money. I've said before that the CFPB has an important mission, and I truly believe it is capable of great good. Under the leadership of Acting Director Mulvaney we are seeing this agency be reformed and restructured into one that is fully accountable to We the People and truly protects consumers by ensuring their economic freedom."