Posted on 06/11/2022 3:03:42 PM PDT by entropy12
WASHINGTON—One of America’s most powerful regulators of business and finance has, at first glance, a relatively small job.
Rohit Chopra’s title is director of the Consumer Financial Protection Bureau, which regulates consumer finance. From that perch, he has built substantial sway at the Federal Deposit Insurance Corp., which oversees about 5,000 banks, and the Federal Trade Commission, the antitrust watchdog.
(Excerpt) Read more at wsj.com ...
Looks like a creepy sleasebag
Looks like a creepy sleasebag
—
Creepy Indian sleaze bag - go back to India fella
The CFPB doesn’t report to Congress. Its funding is outside of Congressional appropriations.
This was all challenged at the Scotus.
Scotus found the authoritarian CFPB to be constitutional.
Article V.
Yes, but they did find the Director appointed forever provisions unconstitutional, so every President gets to remove the last Director and appoint a new one. As the legislation was originally passed, Obama's Director was to serve as long as he wanted and then appoint his replacement.
Before the Democratic dictators we had an institution called Congress that set the rules by passing laws.
India has lots of socialists, and socialist-caused problems.
I blame the leftist London School of Economics.
To: entropy12
Looks like a creepy sleasebag
Well he’s a Democrat. So that would make him a creepy sleazebag.
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.