Consumer Financial Protection Bureau already sinking into scandal

Jazz Shaw
Hot Air
6/21/2014

It’s great to have Uncle Sam looking out for the little guy, isn’t it? That’s why it was such a super-duper, nifty idea for Washington to summon into being the Consumer Financial Protection Bureau. It was created as part of the Dodd–Frank Wall Street Reform and Consumer Protection Act back in 2010, but was originally the brainstorm of now Senator Elizabeth Warren. (You may recall she was initially slated to head the agency, but that was derailed by Congress.) So now that they are on the job, keeping citizens safe from big banking fat cats and ensuring financial responsibility and ethics, how are they doing?

Well… pretty much on par with what you’d expect out of any massive Washington bureaucracy…

 

 

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