Opinion: Curbing the CFPB

Insurers and brokers have found a US Senate ally in their drive
to keep federal regulators from encroaching on the state-based
system that has guided the industry for more than a century.
South Carolina Republican Tim Scott, joined by another
Republican and two Democrats, rolled out a bill on Wednesday (18
April) that would formally constrain the Consumer Financial
Protection Bureau (CFPB) when it comes to people involved in a
state-regulated insurance activity.
The Business of Insurance Regulat