The CFPB is an unaccountable bureaucracy established by the Dodd-Frank bank takeover. And its Director, Richard Cordray, certainly acts like he doesnt answer to anyone, especially not the Americans that pay him. Heres his exchange with my colleague today: “I just asked, do you agree it’s taxpayer money?” Hensarling said. “It is federal government money that comes from the Federal Reserve,” Cordray said. “Okay, so it’s difficult for you to say it’s taxpayer money.” “I don’t know whether taxpayer is the right term or not,” Cordray replied. “It’s the money of Americans.” bit.ly/1uDmWS2
Posted on: Wed, 18 Jun 2014 18:56:33 +0000
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