Press Releases
Luetkemeyer Statement after Meeting with CFPB Director Cordray Regarding CFPB Rule
Washington,
June 2, 2015
Tags:
Financial Services
U.S. Rep. Blaine Luetkemeyer (MO-03) issued the following statement after CFPB Director Richard Cordray met with a bipartisan group of members today:
U.S. Rep. Blaine Luetkemeyer (MO-03) issued the following statement after CFPB Director Richard Cordray met with a bipartisan group of members today: “As a follow-up to last month’s hearing regarding the TILA-RESPA Integrated Disclosure rule, I asked Director Cordray to come meet with me and other concerned Members of Congress to discuss the need to implement a period of restrained enforcement. More than 250 members of the House of Representatives have signed letters to Director Cordray asking for a hold harmless period. This is clearly an idea that receives widespread bipartisan support among members of the House. I hope Director Cordray takes into full consideration the benefit of implementing a period of restrained enforcement, and I will continue to monitor the actions of the CFPB so we ensure that access to housing finance continues to be available to Americans.” |