The Tragic Downfall of the Consumer Financial Protection Bureau (CFPB)
The “fight” over who gets to choose the leader of the CFPB should be over soon. The best part of this struggle for “we the people” is that we get to learn how evil the Democrats were in creating this organization.
They completely circumvented the constitution and insured that this agency could never be controlled by either the Executive or Legislative branches!
Amazingly, the Judicial branch agreed that this structure was unconstitutional in 2016 and “fixed” it by ruling that this Executive branch agency was in fact controlled by the Executive branch. Democrats disagree.
Here is a very good cradle to grave analysis of the agency. For those who don’t want to read the whole thing, just know that this agency is the brainchild of Elizabeth Pocahontas Warren.
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