House Financial Services Committee Chair Jeb Hensarling to Retire at End of Next Year

by Jeff Sovern

So reports the Dallas Morning News. Representative Hensarling is a strong believer in the free market, despite the evidence that it doesn't always work. I hope that this does not mean Hensarling would be the president's nominee to run (ruin?) the CFPB, an agency that Hensarling has been extremely critical of (compare the people now running the EPA). We can expect to hear more about who is in line to succeed Hensarling in the days to come. It would be nice if it turns out to be someone who believes in consumer protection, but that may be too much to hope for.

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