“To me the astonishing part is that people are outraged at the possibility that Congress — which, after all, was elected to write the laws — should decide this, rather than the CFPB, which, having been established by Congress via Dodd-Frank with (probably unconstitutional) funding from the Federal Reserve, is now (surprise!) totally unaccountable, to the point that even mainstream Democrats like Ms. Wasserman Schultz think it is ridiculous.” Hooray for Wasserman Schutz :: The Future of Capitalism

To me the astonishing part is that people are outraged at the possibility that Congress — which, after all, was elected to write the laws — should decide this, rather than the CFPB, which, having been established by Congress via Dodd-Frank with (probably unconstitutional) funding from the Federal Reserve, is now (surprise!) totally unaccountable, to the point that even mainstream Democrats like Ms. Wasserman Schultz think it is ridiculous.

Source: Hooray for Wasserman Schutz :: The Future of Capitalism

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