Who Will Trump Nominate to Head the CFPB?

by Jeff Sovern

Several names have surfaced. Both the NY Times and the Wall Street Journal have mentioned the possibility of George Mason Law professor Todd Zywicki.  The American Banker has a slide show of potential directors here (free content). I fear the nominee will be someone who believes that consumer protection largely consists of depending on the free market, which failed so miserably in the many recent consumer scandals, including Wells Fargo, Equifax, robosigning, and of course, the subprime mortgage disaster that led to the Great Recession.

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