As the constitutionality question looms seemingly larger than ever over the Consumer Financial Protection Bureau (CFPB), financial industry advocates largely have maintained their long-held contention that the best remedy for the bureau’s controversial leadership structure is to reform it as a bipartisan commission.
The Consumer Bankers Association noted that such a structure was proposed in the original version of Dodd-Frank that passed the House with bipartisan support in 2010.
Find out what specific points the trade organization cited.