by Jane Richey | Feb 2, 2013 | Constitutionally Limited Goverment, Politics
Senate Republicans are renewing their vow to block any nominee to head the Consumer Financial Protection Bureau (CFPB) unless major changes are made to its structure. In a letter sent to President Obama on Friday, 43 Republican senators committed to refusing approval...
by Jane Richey | Dec 15, 2012 | Constitutionally Limited Goverment, Politics
The House Oversight Committee has accused the Consumer Financial Protection Bureau (CFPB) of having unchecked power and a vague mandate, giving it the potential to be a “run-away regulator unlike any other in American history.” In a new report issued...
by Jane Richey | Jun 6, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Politics
Thirteen months after Senate Republicans warned President Obama that a new consumer finance watchdog’s structure gives an overly broad mandate and unchecked powers to its director, that agency is now involved in higher education. In a letter dated May 2, 2011, the...
by Jane Richey | Apr 9, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
The Consumer Financial Protection Bureau (CFPB) is looking to overhaul the mortgage servicing industry, arguing that the problem-plagued sector is unaccountable and opaque. The CFPB announced Monday that it was mulling rules to reform that industry, which has been...