Warren Defends Consumer Bureau Openness to Congress, Public
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Elizabeth Warren will rebut Republican criticism that the U.S. Consumer Financial Protection Bureau lacks openness in her first appearance before Congress as the special adviser charged with setting up the agency.
“There will be more oversight and accountability of the CFPB than any other federal-banking regulator,” Warren said in prepared remarks for a hearing tomorrow. “Over time, I believe these limits will succeed in ensuring both sunlight and accountability in the consumer bureau’s operations.”