The Job Nobody Wants: Trump's CFPB Chief
Also, banks take a swing at swipe fee bill ahead of Senate hearing; an updated analysis of Gensler's rules count; Rep. Barr makes his case for Financial Services' gavel
While the battle for top regulatory posts in the Trump administration has been likened to Game of Thrones, one job is thus far generating a lot less interest: running the CFPB. Some, in fact, describe the competition as a sort of musical chairs, in reverse – whoever gets the final seat loses.
The consumer bureau has been a lightning rod since it was crea…