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U.S. Gov't Financial Regulators Earn Tax-Funded Salaries of $225,000-Plus
CNSNews.com ^ | 10/26/11 | Matt Cover

Posted on 10/26/2011 5:48:34 PM PDT by Nachum

(CNSNews.com) – Federal employees at several financial regulatory agencies – including the new Consumer Financial Protection Bureau (CFPB) – are earning six-figure salaries and taking home bonuses up to $5,000, according to federal records obtained by Judicial Watch. At least 228 such regulators make $225,000 a year.

In comparison, members of Congress make $174,000 a year; the Speaker of the House makes $223,500; and the majority and minority leaders pull in $193,400 a year.

The records, obtained through the Freedom of Information Act (FOIA), show the number of employees at five of the six major financial regulatory agencies.

In addition to the CFPB, the personnel documents come from Wall Street regulatory agencies including the Commodity Futures Trading Commission (CFTC), the Office of the Comptroller of the Currency (OCC), the Treasury Department, and the Securities and Exchange Commission (SEC).

(Excerpt) Read more at cnsnews.com ...


TOPICS: Crime/Corruption; Government
KEYWORDS: financial; govt; regulators; salaries
Time for a hair cut
1 posted on 10/26/2011 5:48:37 PM PDT by Nachum
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To: Nachum

That is fanTAStic pay for looking at pr0n all day. Are we on our third banker indictment over the past 5 years yet? (The Indian insider-trader dudes)


2 posted on 10/26/2011 5:50:51 PM PDT by Attention Surplus Disorder (Madoff screwed the rich. Bernanke screwed us all.)
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To: Nachum

Meanwhile, soldiers who risk their very lives for us, are paid so little that some got on food stamps during the Clinton years.


3 posted on 10/26/2011 5:51:36 PM PDT by winner3000 (ss)
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To: Nachum

I can not stand to hear any democrat speaking anymore, my blood boils at their lying words and thiving tactics.
They are a disgusting lot of thieves and liars.


4 posted on 10/26/2011 6:03:39 PM PDT by kindred ( Third party conservatism is on the rise, God bless the conservative tea party.)
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Thanks Nachum.
In comparison, members of Congress make $174,000 a year; the Speaker of the House makes $223,500; and the majority and minority leaders pull in $193,400 a year.

5 posted on 10/26/2011 6:05:35 PM PDT by SunkenCiv (It's never a bad time to FReep this link -- https://secure.freerepublic.com/donate/)
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To: Nachum
People who make $225,000 are just middle class. Try raising a family of four and sending them too college with less income.

Oops, never mind. I thought this was a thread about raising taxes.

6 posted on 10/26/2011 6:05:40 PM PDT by Doe Eyes
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To: Nachum

It’s a taxpayer funded party, everyday. These people should be treated as common criminals.


7 posted on 10/26/2011 6:11:39 PM PDT by liberalh8ter
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To: Doe Eyes

LOL


8 posted on 10/26/2011 6:12:45 PM PDT by bigheadfred (Eat too? Only if you can caeser)
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To: Nachum
This is the untold story, the absolute explosion of SES (Senior Executive Service) employees.

At a time when budgets are in crisis this executive branch is spreading around pay grade increasing on an alarming number of positions.

9 posted on 10/26/2011 6:23:14 PM PDT by USNBandit (sarcasm engaged at all times)
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10 posted on 10/26/2011 7:27:47 PM PDT by RedMDer (Forward With Confidence!)
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