Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Rep. Randy Neugebauer made a strong case for restructuring the CFPB's leadership at NAFCU's Congressional Caucus in Washington. Photo: NAFCU/Kevin Dietsch

WASHINGTON – Federal legislators from both parties and both houses of Congress told attendees of NAFCU’s 2015 Congressional Caucus that they remain determined to replace CFPB Director Richard Cordray with an independent board of directors and make the CFPB an independent commission.

Rep. Randy Neugebauer (R-Texas) drew open laughter from the assembled industry executives when he recounted how he had brought Rep. Maxine Waters (D-Calif.), the highest-ranking Democrat on the House Financial Services Committee, around to the idea.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2022 ALM Global, LLC. All Rights Reserved.