U.S. Rep: CFPB Is Only “Navel Gazing”

By  |  August 20, 2012
 | 

Rep. Blaine Luetkemeyer, a Republican from Missouri and a member of the House Committee on Financial Services, had harsh words for the Consumer Financial Protection Bureau on Monday.

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    “I was more than a little annoyed recently during a committee hearing with a government official who seemed intent on defending an agency created by the troubling Dodd-Frank Act that is more interested in navel gazing than helping our nation’s small businesses,” Luetkemeyer wrote.

    Earlier this month, CFPB Director Richard Cordray testified before the House Committee on Small Business regarding his agency’s role in the U.S. business environment.

    Access Luetkemeyer’s full comments here.


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