Latest News

Recent Posts

WH Insiders: ‘Fire and Fury’ Book Claims are Absurd

                ~ Liberty Planet On January 6th, publisher Henry Holt and Company released the much-anticipated book “Fire and Fury: Inside the Trump ...

Read More

Senate Republicans: Defund Left-Wing Groups

By Richard McCarty at NetRight Daily and Americans for Limited Government In 1978, the US Labor Department created an occupational safety ...

Read More

The Hollywood Hypocrisy Awards Show

Cowardly silence followed by moralizing lectures, all while continuing to churn out immoral filth. By Nate Jackson · at The Patriot ...

Read More

FLASHBACK: That Time Obama Called Libya A ‘S**t Show’

BENNY JOHNSON Reporter At Large/dailycaller Following President Trump’s Thursday comments, it’s worth noting that former President Obama called the African country of ...

Read More

TRUMP: I Didnt Say 'S***hole Nations'; 'Made Up' By Democrats

ByJOSEPH CURL @josephcurl/DailyWire President Trump on Friday denied that he said what every single news organization in the world says he said. The ...

Read More

Time’s Up for ‘Temporary’ Alien Protection

by: Michelle Malkin/TheConservativeInsider Se acabo el tiempo. Seventeen years after granting “temporary protected status” to nearly 200,000 Salvadoran citizens who had fled ...

Read More

Exclusive - Rep. Lou Barletta: ‘We Finally Have an Opportunity to End the Problem of Illegal Immigration’

Exclusive—Rep. Lou Barletta: ‘We Finally Have an Opportunity to End the Problem of Illegal Immigration’ by SEAN MORAN10 Jan 2018265 Rep. Lou Barletta ...

Read More

Major Savings from Barletta Disaster Bill Backed By Recent Study

Major Savings from Barletta Disaster Bill Backed By Recent Study       WASHINGTON – Yesterday, the National Institute of Building Sciences released findings from ...

Read More

“Obama Gas Station” Owner Arrested for Skipping Out on Paying Taxes

BY STEVEN BEYER /Conservative Tribune When Barack Obama became president of the United States, people were practically fainting while he was giving speeches, fawning over ...

Read More

VA Governor: You’d Have To Pick Trump Up Off The Floor If He Got In My Space

 TIM BROWN —  Freedom Outpost Honestly, some of the rhetoric we continue to hear coming out of some people's mouths when it comes ...

Read More

Is the CFPB run like the Mafia?

Share

 

By Printus LeBlanc at NetRight Daily and Americans for Limited Government

The Consumer Financial Protection Bureau (CFPB) has been in the news a lot lately, mostly because the former head of the agency Richard Cordray stepped down. However, before stepping down, Cordray believed he had the right to pick his own successor and chose Leandra English. The President disagreed and has appointed Mick Mulvaney to rein in the out of control agency. There is currently a legal battle brewing over who is in charge with a federal judge ruling Mulvaney is acting director.

The CFPB was authorized in the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act. It was created as a result of the 2007-2008 financial crisis. The unconstitutional agency has jurisdiction over banks, credit unions, securities firms, payday lenders, and other financial companies in the U.S. The agency is considered “off-budget” and therefore does not answer to Congress. The agency gets its funding directly from the Federal Reserve System. The only requirement of the CFPB is to appear and report twice annually before the House Financial Services and Senate Banking committees.

Why is this agency so important to liberal progressives? English went judge shopping across the country to stop Mulvaney from being appointed to head the agency. Seems like a stretch to keep power over a small government agency. Why is this the end of the world according to many progressives?

Read more

Featured Video

Local Issues

Voices of the People

Your Schools

Issues

Letters to the Editor

More from our archives