Posted on 03/26/2011 5:05:47 AM PDT by PghBaldy
The unofficial czar of the new Consumer Financial Protection Bureau, Elizabeth Warren, told Congress last week that her organization is "the most constrained and the most accountable agency in government," and then repeated similar claims on CNBC Tuesday. If nothing else, you have to admire her nerve.
Let's start with that "most accountable" howler. The bureau is part of the Federal Reserve System, but the Dodd-Frank law that created it explicitly says that Fed Governors can't "intervene" in the bureau's functioning, "appoint, direct or remove any officer or employee" or "merge or consolidate the bureau . . . with any division or office of the Board of Governors or the Federal Reserve Banks." So while the bureau is part of the Fed, it isn't at all accountable to anyone at the Fed.
(Excerpt) Read more at online.wsj.com ...
Constitution? We don't need no stinkin' Constitution!
Anyone taking that kind of job is a leftie hack. This extra-constitituional expression of government infuriates me.
I glanced at some pieces at the NYT and HuffPo. This that I posted is considered part of a right-wing smear job by a former Goldman Sachs banker. I nver liked this Warren woman and never trusted her. I can’t stand her false modesty etc.
Just don’t hold your breath waiting for the do nothing republican congress to do anything, were they anyway, on vacation.
if you watched her testimony on CSPAN, you would have been disgusted by her smugness. she was positively dripping it with every word............
Why are we still funding this agency?
Sweet!! Where do I sign up to be a director? It's good to be a friend of the King.
I did not, but I have watched her a few times over the past years. She reminds me of a type I know.
I bet This woman and her Husband Cass Sunstein have wonderful Conversations while they recite the Communist Manifesto every morning.
How in Hell this kind of totatlitarian Crap is gotten away with is beyond me, That Pussy Cantor and Boner should quit Crying about the Tea Party which got them their Jobs and start exposing these Communists
Here’s another $539 million that Congress could cut from the budget immediately. This is just welfare for lawyers.
Stephen lerner former SEIU who wants to overthrow the Government had her appointed and visited her many times as Glenn Beck showed.
Harvard law professors are good at selling themselves to the suckers but are no better than running your lives than the average joe.
Charge her with perjury.
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