2010 was a bad year for the Constitution. Not only did Congress saddle us with the misnamed Affordable Care Act, which has caused a legal war over its highly questionable constitutionality, but it also passed the Dodd-Frank Act, which created the Consumer Financial Protection Bureau (CFPB). The CFPB was the brainchild of Senator Elizabeth Warren (D-Mass) and her idea was to make it an independent agency – amazingly, unconstitutionally independent agency. Consider, for example, the way CFPB is funded. Unlike every other federal regulatory agency, which gets its budget through congressional appropriation, CFPB gets its money directly from the Federal...