Retained GMMB, the liberal advocacy group that created ads for the Obama and Hillary Clinton presidential campaigns, for more than $40 million, making the Democrat shop the sole recipient of CFPBs advertising expenditure, Rubin says. [ ]
Funneled a large portion of the more than $5 billion in penalties collected from defendants to community organizers aligned with Democrats a slush fund by another name, said a consultant who worked with CFPB on its Civil Penalty Fund and requested anonymity.
Reports of the CFPB awarding lucrative contracts to left-leaning organizations is nothing new.
I
HATE
THESE
PEOPLE
!
The CFPB should not exist.
It was created to be Elizabeth Warren’s personal bureaucratic dictatorship. It is, in its very construction, a rogue agency.
Congress should repeal the portion of Dodd-Frank that created it, if it does not have the gonads to do what it really should - repeal Dodd-Frank altogether.
Redirect all the money to GOP causes until the Dems squeal and then, when they inevitably do, act shocked and shut the whole thing down. Beat them at their own game.
Every damned penny of US taxpayer money needs to be clawed back and put back where it belongs.
And TEA party groups operate on a shoestring and a prayer.
If this sort of thing isnt seriously cleaned up, were done as a country.
They're protecting their necks. The only remaining gallows in the U.S.:
Could this be the 'multiagency FBI et al ' thing going on today in DC?
Fauxcahontas is in heap big trouble,,,
WE knew this...now with Mulvanny in charge perhaps they can release the numbers and who got the laundered money....MAGA winning!
So where is the accountability?
A complete audit needs to be done of all of this agency’s activities from top to bottom.
The Consumer Financial Protection Bureau (CFPB)is an independent unit located inside and funded by the United States Federal Reserve, with interim affiliation with the U.S. Treasury Department. Because Congress created the CFPB as part of the Dodd-Frank financial reforms of 2010, the whole law or, at least the provisions authorizing the consumer protection bureau must be struck down or the entire CFPB needs to be dismantled.
The whole CFPB is a slush fund.
Mulvaney’s back in the news.