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Supreme Court gives president power to fire head of financial watchdog agency created by Elizabeth Warren
washington examiner ^ | 6/29/2020 | nihal krishan

Posted on 06/29/2020 9:12:56 AM PDT by bitt

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To: bitt

so if soemoen created the bureau another can’t do away with it?


21 posted on 06/29/2020 9:54:58 AM PDT by Bob434
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To: bitt
It did not give the president this power. It rightly opined that the president has this power.
22 posted on 06/29/2020 9:56:01 AM PDT by outofsalt (If history teaches us anything, it's that history rarely teaches anything.)
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To: outofsalt

Roberts needs to leave this in place so that there is a clear path for the next President in fact AOC to execute a political purge of the Administration.


23 posted on 06/29/2020 10:06:38 AM PDT by AndyJackson
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To: FlipWilson

“Has the Louisiana abortion decision come out yet? I’m dead sure Roberts will screw us there.”

And.....he did.


24 posted on 06/29/2020 10:09:06 AM PDT by EQAndyBuzz (Cloward-Piven is finally upon us.)
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To: bitt

The real question here is how four justices determined that Congress has the power to create an executive branch entity that does not fall under the President’s authority.


25 posted on 06/29/2020 10:11:12 AM PDT by Timmy
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To: FlipWilson

He did


26 posted on 06/29/2020 10:29:56 AM PDT by madrastex
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To: PGR88
***Gee thanks Supreme Court. They are “allowing” the elected President to actually decide who works in the executive branch***
The CFPB's status as an independent agency has been challenged in court ... Independent agencies of the United States federal government are agencies that exist outside the federal executive departments (those headed by a Cabinet secretary) and the Executive Office of the President.
Therein lies the problem: this agency is not in the Executive Department. This agency was designed to be above any sort of regulation - the most powerful entity in the USGvt aside from the president but not answerable to the president... a runaway Marxist anti-capitalist agency.

Shamelessly, the SCOTUS refused to eliminate this unconstitutional agency. We are losing the SCOTUS to those attempting to destroy our Republic.

27 posted on 06/29/2020 10:59:39 AM PDT by Bob Ireland (The Democrap Party is the enemy of freedom.They use all the seductions and deceits of the Bolshevics)
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To: bitt
Roberts stabs us in the back again.

This organization (which is Marxist in nature) is the egg in from the destruction of the US Constitution is incubated. It should be destroyed.

28 posted on 06/29/2020 11:12:09 AM PDT by backwoods-engineer (Politics is the continuation of war by other means. --Clausewitz)
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To: FlipWilson

You are dead right. He ruled for the butchers.


29 posted on 06/29/2020 11:12:34 AM PDT by backwoods-engineer (Politics is the continuation of war by other means. --Clausewitz)
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To: bitt

“The Supreme Court ruled Monday that the structure of the Consumer Financial Protection Bureau is unconstitutional”

Yet, they. stupidly, and in grave error, did not rule that therefor the agency itself is unconstitutional.

Why is the ruling worse.

A. Neither the Congress nor the President make the budget or allocate monies to run the agency. It draws what it wants or needs from the federal reserve.

B. Because A. is true, the director themselves decide the size of the staff, its organization and even what is the actual mission of the agency - it is on autopilot, led only by the direction of the director.

C. Because A. is true and Congress made no limit on any “Consumer Financial” concerns of the agency, it immediately and since decided there is no limit to its mandate whatsoever. One of its earliest acts was a demand it issued to any all institutions or enterprises that produce, use, or handle financial transactions of any kind whatsoever, the CFPB must receive from all such institutions and enterprises copies of all transactions generated by or passed through their organizations - a total database, bigger than the IRS or the Treasury, of EVERYTHING financial in the U.S. economy. Why did they demand that? They operate on the theory that everyone is guilty until proven innocent, and that database is used for the biggest financial fishing expeditions imaginable.

D. No back up and realize the agency may be no longer “independent” but it is still a creature of its directors choosing and now the director is a working at the president’s behest and still without review or oversight by Congress.

The CFPB was bad enough, and now it is, in my view, worse, and subject to more unaccountable political bias than before.

The CFPB should have been killed by SCOTUS. Giving Presidents the ability to fire the director at will did not go anywhere near far enough.


30 posted on 06/29/2020 11:15:02 AM PDT by Wuli (Get)
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To: bitt; All

ELIMINATE CFPB. Another Bureaucratic State agency, created by DC Divide & Control divisionists, that we can live without.

5. As the novelty and bustle of inaugurating the government will for some timekeep the public mind in a heedless and unsettled state, let the press duringthis period be busy in propagating the doctrines of monarchy and aristocracy.For this purpose it will be particular useful to confound a mobbish democracywith a representative republic, that by exhibiting all the turbulent examplesand enormities of the former, an odium may be thrown on the character of thelatter. Review all the civil contests, convulsions, factions, broils,squabbles, bickering, black eyes, and bloody noses of ancient, middle, andmodern ages; caricature them into the most frightful forms and colors that canbe imagined, and unfold one scene of horrible tragedy after another till thepeople be made, if possible, to tremble at their own shadows. Let thediscourses on Davila then contrast with these pictures of terror the quiethereditary succession, the reverence claimed by birth and nobility, and thefascinating influence of stars, and ribands, and garters, cautiouslysuppressing all the bloody tragedies and unceasing oppressions which form thehistory of this species of government. No pains should be spared in this partof the undertaking, for the greatest will be wanted, it being extremelydifficult, especially when a people have been taught to reason and feel theirrights, to convince them that a king, who is always an enemy to the people, anda nobility, who are perhaps still more so, will take better care of the peoplethan the people will take of themselves.

6. But the grand nostrum will be a public debt...

http://ncoic.com/rep_mon.htm


31 posted on 06/29/2020 11:23:55 AM PDT by PGalt (Past Peak Civilization?)
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To: Bob Ireland; All

EXACTLY! #27 BUMP!


32 posted on 06/29/2020 11:30:54 AM PDT by PGalt (Past Peak Civilization?)
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To: bitt

FIRE THEM TODAY!!!


33 posted on 06/29/2020 11:55:12 AM PDT by Uncle Miltie (https://www.barelytherebiden.com)
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To: lasereye

Blackmailed when it really counts.


34 posted on 06/29/2020 11:56:01 AM PDT by Uncle Miltie (https://www.barelytherebiden.com)
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To: SunkenCiv

Hey SunkenCiv. On this one, I think the Supreme Court did the right thing — put the agency under the proper governance of the President. That will certain put the necessary control over this renegade agency.

I’m laughing right now at Elizabeth Warren, who I’m sure is piping mad that her little CHAZ agency was taken away from her. Ha!


35 posted on 06/29/2020 12:58:00 PM PDT by poconopundit (Iron fist in an Irish satin glove: Kayleigh "Shillelagh" McEnany we salute your work!)
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To: poconopundit
cdfvxbvcvbcvbcv

36 posted on 06/29/2020 6:47:40 PM PDT by SunkenCiv (Imagine an imaginary menagerie manager imagining managing an imaginary menagerie.)
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