Waters Urges Hensarling to Reverse Decision on Cordray

After House Financial Services Committee Chairman Jeb Hensarling said on Monday that he would not allow Consumer Financial Protection Bureau Director Richard Cordray to testify on the agency's semi-annual report, Rep. Maxine Waters urged Hensarling to reconsider.
 
Waters, the top Democrat on the committee, wrote a letter to the chairman arguing against Hensarling's stance, stating that Cordray's position in the CFPB, created under the Dodd-Frank reform law, has not been ruled on.
 
Waters wrote, "Whether or not Republican members support the mission of the CFPB, the decision to bar Director Cordray from testifying will impede Congressional oversight of the Bureau."
 
For the full piece see "Waters Pushes to Have Cordray Testify Before Panel" (may require subscription).