Morning Consult: CFPB Needs a Professional 21st Century Regulator

Morning Consult: CFPB Needs a Professional 21st Century Regulator

By: Lisa McGreevy, president and CEO of OLA

We expect President Donald Trump to announce the appointment of a new leader of the Consumer Financial Protection Bureau in the coming weeks. After years of being driven by partisan politics and political agendas, the CFPB now has a chance instead to focus on its original mission: driving fact-based, unbiased research and regulation that supports the growth of the financial services industry while appropriately protecting consumers.

That’s the CFPB that our nation deserves, and it’s one that will be made possible by the appointment of a qualified, professional regulator who is committed to bringing consumers and industry leaders together to drive solutions that work for all Americans.

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