Lawmakers fight over structure of CFPB's leadership:

10/17/2011 | AmericanBanker.com (free registration)

Republican lawmakers want the director of the Consumer Financial Protection Bureau to be replaced by a five-member board, in a move they say will increase accountability. "There's no proven form of governmental organization that transcends either history or human frailty," says Karen Shaw Petrou, managing partner at Federal Financial Analytics.

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