Mel Watt’s plan to loosen mortgage credit will shape housing finance for years

Joseph Lawler The Washington Examiner 5/17/2014

Despite being a new officeholder of a relatively obscure federal agency, Mel Watt drew a strong reaction for his speech Tuesday by signaling that the federal government will increase its role in helping more Americans buy houses.

For now, credit standards for home loans remain tight. But Watt’s speech […]

CFPB’s data-mining on consumer credit cards challenged in heated House hearing

Richard Pollock The Washington Examiner 9/13/2013

Consumer Financial Protection Bureau officials are seeking to monitor four out of every five U.S. consumer credit card transactions this year — up to 42 billion transactions – through a controversial data-mining program, according to documents obtained by the Washington Examiner.

A CFPB strategic planning document for fiscal years […]

Third court overturns Obama recess appointments

Stephen Dinan The Washington Times 7/17/2013

A third federal appeals court ruled Wednesday that President Obama violated the Constitution last year when he made recess appointments to the National Labor Relations Board, adding more weight to the case as it goes before the Supreme Court in the justices’ next session.

The Fourth U.S. Circuit Court […]

Judicial Watch Obtains Records Detailing Obama Administration’s Warrantless Collection of Citizens’ Personal Financial Data

Judicial Watch 6/27/2013

Judicial Watch announced today that it has obtained records from the Consumer Financial Protection Bureau (CFPB) revealing that the agency has spent millions of dollars for the warrantless collection and analysis of Americans’ financial transactions. The documents also reveal that CFPB contractors may be required to share the information with “additional government […]

Peter Schiff – The Fed Unspun: The Other Side of the Story

ReasonTV YouTube 4/3/2012

“Ben Bernanke fancies himself as a student of the Great Depression,” says renowned investment broker, global strategist, author, and Austrian economist Peter Schiff, “but… if he were my student he would have gotten an F.”

During a lecture entitled “The Fed Unspun: The Other Side of the Story”, Schiff responded to […]

Cordray: Say, what this CFPB needs is more power

Ed Morrissey HotAir.com 2/17/2012

When Senate Republicans blocked the confirmation of Richard Cordray to run the Consumer Financial Protection Bureau, they did so in protest of the ambiguous and open-ended power granted to CFPB by the previous Democratic-controlled Congress. Barack Obama blasted Republicans for obstructionism, defended Cordray as a mainstream, responsible choice to lead the […]