Posted on 03/04/2015 7:24:30 AM PST by E. Pluribus Unum
House Financial Services Committee chairman Jeb Hensarling (R-Texas) criticized the Obama administration on Tuesday for "unprecedented secrecy and stonewalling."
Hensarling says he'll subpoena officials at agencies such as the Consumer Financial Protection Bureau (CFPB) if, after one-month and two warnings, they don't respond to his requests for documents.
Hensarling laid out the policy in a letter to Rep. Maxine Waters (D-Calif.), the panel's top Democrat on Tuesday.
In the letter, Hensarling said that he will allow officials two weeks to hand over documents that his panel requests. If he doesn't get the docs, he'll send a follow-up letter giving them two more weeks, Hensarling wrote.
He contends the policy is needed because of the "unprecedented secrecy and stonewalling by the Obama Administration."
Hensarling noted that if his policy "does not preclude good faith negotiations between the Committee and the relevant agency."
"Indeed, the policy is intended to encourage such negotiations and the prompt resolution of document requests," Hensarling wrote.
"It is my hope that I never have to issue a subpoena," Hensarling wrote.
Waters criticized the policy in a letter to Hensarling.
“This automated subpoena system would leave agencies with very limited time to review, produce and, if necessary, remedy deficiencies in — what are, very extensive — document productions before being subjected to the compulsory process,” Waters wrote to Hensarling.
What difference, at this point, does it make?
The Give Obama Power party has committed suicide, they just don’t know it yet.
Dead party walking.
Big money donors aplenty, just no voters.
They know it full well, and don't really care. They don't want voters, they don't want to win. They just want the money to keep rolling in to fund their elitist lifestyles, and there's no shortage there.
We, the American people, are irrelevant. Just shut up, go to work, and pay your taxes. There's a Mexican somewhere that needs a cell phone or a heart transplant, or something...
All this strutting by Jeb Hensarling sounds good but that is all it is. Jeb has become one of the elite who talk one thing and does another. When push comes to shove he votes with the establishment. I voted for him in every election I could but no more. When his vote would have mattered on John Boehner he was with the rhinos!!!
This fairly new federal horror, the CFPB, gets paid directly from the Federal Reserve, so there is no congressional oversight. Consequently there is the same or even more reprehensible “transparency” demonstrated by any Obama-led Frankenagency.
High CFPB employee turnover: employees have little experience but typically generous salaries and benefits, so they basically just take mortgagors’ (home buyers) complaints (the the consumer prepares himself), the CFPB then forwards it on to the mortgagee (lender), then the agency returns the mortgagee’s response to the mortgagor.
So it’s something like 3 Card Monte.
Or Obamacare: a large bureaucratic layer now between the borrower and lender (cost: 531 million tax dollars in 2013) to provide make-work for college graduates in humanities (who had trouble with such things as chemistry and statistics), while costing lenders and taxpayers by forcing such things as `short sales’ making banks bend over backwards for defaulting borrowers who probably weren’t credit worthy to begin with, again, much like health care for our fellow Americans who pay no taxes because they don’t work, so they are subsidized.
Like their sister slut organization, with which I have direct experience: the Consumer Product Safety Commission, (me having sold outdoor powered equipment in the `80s (mowers, lawn tractors and chainsaws,) the CPSC provides valuable services like mailing out memos to remind dealers to warn their customers to not try and trim hedges by picking up their lawnmowers and trying to use them to trim the verge ... (”You could lose fingers!”).
I don’t like Liberaltarians on a lot of things—like most FRiends—but unlike the GOPee, they at least say they want to kill Frankenagencies like the CPSC, the CFPB, the Departments of Energy, Education, etc. and on and on.
After yesterday, I expect this critter’s subpoenas will be honored sometime after Obama leaves office, by which time he will be a lobbyist and/or everyone will have lost interest and the CFPB will continue launching voracious neophyte bureaucrats into the USA of Brazil.
Blah blah blah...
Goper complains. Does nothing.
Mebbe so, but that party's walking is a lot better than our party, who are bending over with their orifices wide open for the taking, or lying on their backs rolling over repeatedly at high RPM...
Talk is cheap, pal.
What’re you gonna do about it?
By “our” party, what do you mean?
I have no party representing me or conservatives.
Yesterday the GOP officially became the Give Obama Power party.
Dead to me.
Good point. I now also consider myself an independent after too many hold-my-nose experiences as a default pseudo-publican....
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