CFPB Leadership Structure and Reform


The CFPB's structure gives too much authority to a single director without providing appropriate levels of oversight and accountability-leading to unintended consequences.  Congress should change the leadership structure of the Consumer Financial Protection Bureau from a one-person director to a multi-person commission.

Where We Stand

A multi-member commission would better balance multiple perspectives in the decision-making process and lead to better final rules.

  • It would prevent disruptions caused by frequent leadership changes in the one-director scenario
  • It would provide greater certainty and continuity-essential for consumers and the financial services industry-regardless of which political party is in the White House.


What We've Told Lawmakers & Regulators
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