Following up on the failure in 2014 to implement changes to the CFPB through legislative action, on March 5, U.S. Rep. Sean Duffy (R-Wis.) reintroduced a package of bills seeking to make changes to the CFPB’s leadership structure, how data is collected from consumers, and more.

Representative Duffy is the Chairman of the House Financial Services Subcommittee on Oversight and Investigations.  In coordination with some of his committee colleagues, he is again pushing this series of bills that were approved in 2014 by the House but not taken up by the Senate.

“After hearing testimony from Director Richard Cordray this [past] week, I am convinced now more than ever that the CFPB is in dire need of structural reform,” Duffy remarked.  “He continues to stonewall Congress, he won’t respond to Congressional inquiries, and why would he?  We have no tools in the toolbox to hold the fortress that is the CFPB accountable.”

According to Duffy’s press release, the series of bills include:

According to Duffy, “Protecting consumers is important to everyone.  However, this is an agency that is led by one man.  It’s an agency that makes rules and regulations that restrict access to credit for everyone while they collect data on consumers without their permission, and Congress can do nothing about it.”