CFPB Director Rohit Chopra on Wednesday received a decidedly hostile reception from Republicans during his end-of-year testimony before the House Financial Services Committee.
“You are changing the law,” Rep. Andy Barr, R-Ky., told Chopra. “You are not Congress.”
Rep. Blaine Luetkemeyer, R-Mo., told the agency head he was “either uninterested or too lazy” to use the proper regulatory process. “You just made that up here,” he later added regarding agency policy. “This is scary stuff.”
The harsh rebukes from GOP members were even more important since Republicans will control the committee’s agenda when they take control of the House next year.
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