cfpbA bipartisan group of House members on Wednesday released a bill that would replace the director of the controversial Consumer Financial Protection Bureau (CFPB) with a five-person commission. The bill from Reps. Dennis Ross (R-Fla.), Kyrsten Sinema (D-Ariz.), Ann Wagner (R-Mo.) and David Scott (D-Ga.) would rename the CFPB and replace its director with a bipartisan panel.

While the bill would easily pass the House, it would likely be filibustered in the Senate by Democrats who have protested changes to the CFPB.


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