A group of leading industry trade associations wrote to Nebraska Sen. Deb Fischer (R-Neb.) recently to express their support for her recently introduced bill to turn the leadership of the Consumer Financial Protection Bureau into a multi-member commission.
The move comes as the Supreme Court nears the end of its term, with a pending case which could decide the constitutionality of the bureau’s single-director structure.
Read on for more details from the letter the associations sent.