Last week was seemingly quiet on the Washington financial-policy front, but that’s only because so much was going on behind closed doors that no one came out to talk much. Congress carried on in full view, of course, with the House Financial Services Committee focusing in particular on the Bureau of Consumer Financial Protection in hopes it could somehow get the White House to cry “uncle” and let Congress make some structural changes to the CFPB. Don’t wait up. Where was the real action?

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