The House passed this bill to alter the structure of the Consumer Financial Protection Bureau, a mortgage and credit card watchdog group created by the 2010 Dodd-Frank financial overhaul law. The bill would raise the threshold by which the Financial Stability Oversight Council can overturn CFPB regulations and require Senate confirmation of a director before the CFPB can begin operating. The Senate is unlikely to pass the bill.
Rep. Ander Crenshaw voted YES
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