Chairman Hensarling Announces the House Financial Services Committee Will "Follow the Law on CFPB Testimony" and Will Not Hear Cordray's Testimony

House Financial Services Chairman, Jeb Hensarling, announced this week that the committee cannot legally accept testimony from Richard Cordray on the CFPB semi-annual report until he is legally installed as the CFPB Director. Chairman Hensarling explains in the webcast why the committee cannot receive the CFPB's semi-annual report from Cordray.

Click here to view Chairman Hensarling's video.Related News: "House Financial Services Committee Refuses to Hear Testimony from Richard Cordray" (April 24, 2013).