One of the most vocal opponents of the government-sponsored enterprises and the Consumer Financial Protection Bureau, Rep. Jeb Hensarling (R-Texas), has announced he won’t seek re-election when his term expires at the end of 2018.
Despite his assertion that he intends to spend more time with his family, some speculate that Hensarling will be a contender to move into one of the soon-to-be vacant leadership roles at a federal regulatory body.
Find out more about what industry professionals are saying about the possible implications of his announcement.