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Palmer Says Last Birthday For Palmer Says Last Birthday For CFPB Without Accountability

By Brandon Moseley Alabama Political Reporter On Thursday, July 22, the Consumer Financial Protection Bureau celebrated its fifth birthday. Congressman Gary Palmer (R-Hoover) and other Republican representatives were not pleased with the anniversary. US Representative Palmer said, “This should be the last birthday the Consumer Financial Protection Bureau (CFPB) celebrates without accountability. For the past … Continued
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July 25, 2016

Palmer Supports Stopping CFPB Auto Loan Regulations

By Brandon Moseley Alabama Political Reporter Wednesday, November 18, US Representative Gary Palmer (R-Hoover) announced his support for HR1737, the Reforming CFPB Indirect Auto Financing Guidance Act.  This bill would revoke the Consumer Financial Protection Bureau’s (CFPB) 2013 auto lending guidance bulletin, which has hampered the availability of indirect auto loans (loans facilitated by car … Continued
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November 19, 2015

Shelby Comments on Making CFPB Accountable

By Brandon Moseley Alabama Political Reporter U.S. Senator Richard Shelby (R) from Alabama issued a written statement following a hearing of the Committee on Banking, Housing and Urban Affairs. Richard Cordray the first Director of the Consumer Financial Protection Bureau (CFPB) made his semi-annual report to Congress on that day. Senator Shelby said, “Mr. Cordray … Continued
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September 25, 2012

Bachus Promotes Financial Services Committee Plan To Cut Deficit By $35 Billion

By Brandon Moseley Alabama Political Reporter The House Financial Services Committee will vote on legislation Wednesday that reduces the deficit by $35 billion.  The plan would help avert “catastrophic” automatic spending cuts to national security. Rep. Spencer Bachus (R) from Vestavia is the Chairman of the Financial Services Committee.  Rep Bachus said in a written … Continued
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April 16, 2012