Jim Nussle, Credit Union National Association president/CEO, released the following statement after U.S. Rep. Ross (R-FL) introduced H.R. 5266 yesterday evening to create a commission at the CFPB.
“CUNA maintains that the best leadership structure for the CFPB is a multi-member commission, and we’re pleased to see a bipartisan bill introduced to accomplish this,” said CUNA President/CEO Jim Nussle. “Recent uncertainty over the bureau’s leadership has illustrated perfectly why such a commission is needed, for the sake of consumers and the financial institutions that serve them.”