CFPB dilemma could lead to restructuring, some say

01/29/2013 | AmericanBanker.com (free registration)

Democrats might be more willing to compromise on the structure of the Consumer Financial Protection Bureau, a key Republican demand, now that a court has struck down the recess appointments of National Labor Relations Board members, some analysts say. Changing the CPFB's leadership to a commission could help provide clarity on rules. "The administration can't want the rules of the road to be totally uncertain for the year it could take for this to go to the Supreme Court," said Andrew J. Pincus, a partner with Mayer Brown.

View Full Article in:

AmericanBanker.com (free registration)

Published in Brief: