Brian posted yesterday about the House hearing. For those who don't want to listen to the recording, you can find reports in the St. Louis Post-Dispatch (Rep. Ann Wagner takes aim at consumer protection chief), Housing Wire (Tensions escalate at House hearing on constitutionality of the CFPB), Money (This Lawmaker Just Gave the Perfect Defense of a Consumer Watchdog the GOP Is Trying to Kill), Morning Consult (CFPB Opponents Suggest Trump Could Use DOJ to Justify Firing Cordray), and CFPB Monitor (Process vs. Outcomes Debated at Hearing on Constitutionality of CFPB Structure). As the headlines suggest, the reports offer quite a range of perspectives on the heaing. Here's an excerpt from the Housing Wire story:
Well, this is awkward.
Four witnesses on the "constitutionality" of the Consumer Financial Protection Bureau sat before a House subcommittee on Tuesday morning, lending their expert knowledge to help sort through the current state of confusion around the bureau.
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But instead of providing their expertise on the CFPB and its constitutionality, the four witnesses were tossed around between House Republicans who profusely thanked them for coming and House Democrats who condemned the hearing entirely.