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Senators propose independent IG to keep watch on financial oversight board

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A new leader for the Consumer Financial Protection Bureau may be happening after all -- but some Senators want someone else watching over his shoulder. The U.S. Senate voted Tuesday to move closer to a confirmation vote on Richard Cordray, but Sen. Rob Portman, R-Ohio, wasted no time in offering legislation to create an inspector general to monitor the CFPB. Senators Mike Crapo, R-Idaho, and...

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