Republicans Say Warren Misstated CFPB Role in Mortgage Talks

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U.S. Representative Spencer Bachus asked White House adviser Elizabeth Warren whether she’d like to clarify or correct March 16 testimony about foreclosure settlement talks between the Consumer Financial Protection Bureau and state attorneys general.

Bachus, the Alabama Republican who leads the House Financial Services Committee, made the offer to Warren, who has been charged with setting up the bureau, in a letter today.