WASHINGTON (6/18/14)--The House Financial Services Committee will hold two hearings about the Consumer Financial Protection Bureau today. At 10 a.m. the committee will hear from CFPB Director Richard Cordray, who will deliver his agency's semi-annual report, and at 2 p.m. the Financial Services Oversight and Investigations subcommittee will hear from CFPB employees on allegations of discriminatory and retaliatory practices within the bureau.
According to a report from Politico, Ali Naraghi, a bureau employee of Persian heritage, will testify about alleged experiences in a "culture of intimidation and retaliation."
Both hearings will take place in room 2128 of the Rayburn House office building, and will be streamed live online.
In addition, the Senate confirmation of J. Mark McWatters to the National Credit Union is still expected sometime this week.
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