So Jon Hill reports in Trump’s CFPB Pick Could Be Confirmed By May, Scott Says. I still don’t know why the Senate’s confirmation vote on McKernan has been delayed. As for congressional Republicans’ other plans for the Bureau, Hill reports:
[House Financial Services Chair French] Hill said that the general preference among his Republicans colleagues is to “legislatively abolish” the CFPB, although he acknowledged that the “legislative and political reality in Washington” might make that infeasible. Still, he said there are other options on the table.
“We will be using a combination of budget reconciliation to limit the spending and scope of the CFPB, to the extent we can with the parliamentary guidance that we get, as well as using our legislative authorities to try to get it on appropriations and have a bipartisan commission that oversees it,” Hill said.
It’s hard to reconcile that statement with Trump’s firing of Democrats on bipartisan commissions.
