In another shot fired at the CFPB, the Republican staff of theHouse Financial Services Committee says there is sufficientevidence to hold Director Richard Cordray in contempt ofCongress for failing to comply with a committee subpoena forrecords dealing with the agency's arbitration rule.
In a report released Friday, the GOP staff said the committee'srequest for certain records dealing with agency decision-making hasbeen outstanding for 471 days.
Republican committee staff members already have said thatCordray could be held in contempt of Congress over allegations thatthe agency failed to produce records the panel requested dealingwith the CFPB's Wells Fargo probe.
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