During a recent Senate panel, Democratic senators rigorously questioned the nominee for director of the Consumer Financial Protection Bureau (CFPB), expressing concerns over who would truly lead the agency under the Trump administration. The nominee faced scrutiny over the potential halt of the agency’s operations, with one senator metaphorically stating that they were ‘on the Titanic, good luck.’ The hearing underscored the tension between political parties regarding the direction and control of financial regulatory bodies. — news from POLITICO