Outspoken critic of Dodd-Frank Act to chair House Financial Institutions and Consumer Credit Subcommittee.
The Obama Administration supports the current structure of the CFPB.
Hensarling remains chair of the House Financial Services Committee pledging to replace most of Dodd-Frank.
With the current shift in presidential administrations, plans are being created to end too-big-to-fail banks.
Early indications for credit unions reveal president-elect Donald Trump would repeal Dodd-Frank.
CU24 discusses interchange solutions that no longer need to be a burden on credit unions.
Presidential nominee Hillary Clinton pledges to ban mandatory arbitration as Wells Fargo scandal unfolds.
Wells Fargo and Dodd-Frank are at the center of discussions during NAFCU's Congressional Caucus.
H.R. 5983, Jeb Hensarling's plan to overhaul the financial regulatory regime, moves to the House floor.
The committee will begin a markup of Hensarling's financial regulatory system overhaul Sept. 13.