As legislation that would weaken the Consumer Financial Protection Bureau progresses in the House, the head of the bureau continues carrying out his mission.

Last week, the House Financial Services Committee voted along party lines, 34 to 26, to approve the Financial CHOICE Act.

The bill, which an acronym for Creating Hope and Opportunity for Investors, Consumers and Entrepreneurs, would enable the president to fire the CFPB director, among other things.

Source: Mortgage Daily