CFPB Has Few Checks and Balances, Hunt Says

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Jan. 5 (Bloomberg) -- Richard Hunt, president of the Consumer Bankers Association, discusses his concerns about the leadership of the Consumer Financial Protection Bureau. President Obama installed Richard Cordray, a former Ohio attorney general, as CFPB director yesterday with a recess appointment. Hunt talks with Erik Schatzker on Bloomberg Television's "InsideTrack." (Source: Bloomberg)

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