Posted on 11/15/2012 5:14:02 AM PST by Stand Watch Listen
(CNSNews.com) – The Obama administration named Holly Petraeus--wife of retired Gen. David Patraeus, who resigned last week as CIA director after revealing he had had an extramarital affair--to a $187,605-per-yer job in the newly formed Consumer Financial Protection Bureau (CFPB).
The CFPB, created by the Dodd-Frank law, was placed by that law under the umbrella of the Federal Reserve. The funding of the CFBP, which comes from the Federal Reserve, is not subject to congressional oversight.
Mrs. Petraeus became a member of the CFPB Implementation Team on Jan. 12, 2011. She is now the assistant director for the Office of Service member Affairs. Her position pays an annual salary of $187,605, according to the communications office of the bureau.
The communications office also confirmed to CNSNews.com that Mrs. Petraeus’ post at the bureau did not require Senate confirmation.
On Jan. 6, 2011, Elizabeth Warren, then assistant to the president and special advisor to the secretary of the treasury for the CFPB (and now senator-elect from Massachusetts), posted a blog about Mrs. Petraeus’ new job on the White House website……….
(Excerpt) Read more at cnsnews.com ...
Not bad. I heard she was asking for 187,605.33
They are all corrupt
Sounds familiar. Is she going to run for Senate in NY next?
Hmmmm... he will testify under 'executive session' and most possibly NOT under oath???
Subterfuge...it's all subterfuge.
The stink of corruption.
Welcome to the late Ottoman Empire, American style.
Or possibly John Kerry’s old ‘vietnam’ seat. ;)
Everyone one the payroll or make them pay or die. The Clinton years are here again. The skies above are clear again.
How true...how so very true.
I had read elsewhere that Holly Petraeus was a big Elizabeth Warren supporter. Now we know why.
Kelley, Armstrong, Broadwell, Petraeus, everyone screwing each other, and all of them screwing the taxpayer big time. But that's a big part of what government is all about.
What floors me is that anyone would think anything otherwise?!
Look at Obama, forget Petraeus!
Inclined to agree with you—one thing, that number of emails(20,000-30,000)Allen is alleged to have sent sounds like an estimate someone pulled out of their a$$. Can’t they just do a count of traffic and come up with a specific number rather than give a number with a range of 50% over the base number. Sending that amount of emails requires lots of time for a theater CO.
I’ll bet the new term will include a “salary” for the hard working first lady. She was b***hing about that last week.
I have been trying to find information about this and found very little. Thanks for posting!
scorecards here...cannot tell the paid-up, hushed-up players without a scorecard!!!
Has the CFPB protected, or recovered, so much as one penny for consumers? They didn’t lift a finger to help customers of Peregrine or MF Global. Do they do anything except collect big, fat paychecks?
Furthermore, if the fed is “independent,” (i.e. lacks Congressional oversight) then why is Obama in charge of offering anyone any jobs there? Either it’s political or it isn’t, and if it’s political, it should be at least nominally under the control of The People. (But, see my tagline.)
Well, at least he got the lying part right.........
That’s what I keep thinking. I have doubts there was an affair, especially since it was reported Petreaus had prostate cancer. More diversions.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.