• Posted By Rick Webb
    Monday, November 27 2017 at 3:44 PM
    Speaking from a credit union view point only, the CFPB wasn't needed! Between state and federal credit union regulators . . . . AND . . . . volunteer Board of Directors, credit union Members were ALWAYS the number one and first consideration in all transactions, services and policies/procedures . . . .even those with over $10 billion in assets. Hopefully we'll start to see some comment sense going forward. Richard (Rick) Webb
  • Posted By j.e
    Monday, November 27 2017 at 11:25 AM
    This guy is regulatory capture personified. Keep him away from CFPB. For all the criticism, CFPB has been doing a valuable job, and this guy promises to gut their effectiveness on behalf of consumers. Corporations have the rest of the GOP, congress and lobbyists to speak for them. Until CFPB, consumers had no voice. And calling CFPB a creation of "Comrade" Warren just shows where some people are coming from in the argument. We owe her thanks for making the Financial Industry better.
  • Posted By hptexan
    Monday, November 27 2017 at 9:53 AM
    I agree with Reg.Guy.......this is the creation of Comrade Warren! Her agenda and those like her is drastically different than those looking to revamp the financial services business. Change can only be effective if the "old guard" are swept out and new innovative common agenda Lieutenants are brought in to initiate the changes needed. One only has to look at the VA, IRS and other agencies to see how the entrenched obstruction continues.
  • Posted By Reg.Guy
    Tuesday, November 21 2017 at 5:47 AM
    Regardless of who becomes the next director of the CFPB, they better pay attention to Lee Iacocca's advice for managers after he switched companies from Ford to Chrysler in the late '70s: Bring your own lieutenants! The CFPB is the poster child of the "deep state" staffed with people who are Elizabeth Warren disciples with very strong convictions as to their mission. Altering the CFPB direction will be difficult without your own people to shepherd such change through.