Posted on 11/29/2017 6:01:52 AM PST by sdthree
Does Matt Lauer or David Letterman (ahem) "sleep" there?
Now *that* is invasive...
After interviews.
The GOP Congress needs to pass legislation that any money collected by a federal agency through the regulatory process or legal process must be deposited in the Treasury general fund. No agency can spend funds without an appropriate from Congress (per the Constitution). It is long past time to end the practice of federal agencies using the power of the government to shake money out of citizens and private sector companies and then pay that money out to leftist organizations.
Here is your answer from 2015. CFPB Joins Justice In Shaking Down Banks For Democrat Activist Groups (Flashback from 2015)
Investors Business Daily ^ | 6/7/2015
Posted on November 28, 2017 at 8:57:48 PM CST by sdthree
Extortion: The Consumer Financial Protection Bureau is diverting potentially millions of dollars in settlement payments for alleged victims of lending bias to a slush fund for poverty groups tied to the Democratic Party. We’ve seen this before at the Justice Department, which Congress earlier this year scolded for “shortchanging” alleged victims of Bank of America and Citibank the same way. Justice funneled at least $150 million into a slush fund for Democratic interests, unconstitutionally avoiding Congress. Now, a little-noticed item on the CFPB’s website reveals the powerful new agency is launching its own scheme to provide backdoor funding for nonprofit urban groups politically aligned with Democrats. The CFPB plans to create a so-called Civil Penalty Fund from its own shakedown operations targeting financial institutions. Through ramped-up (and trumped-up) anti-discrimination lawsuits and investigations, the agency will bankroll some 60 liberal nonprofits, many of whom are radical Acorn-style pressure groups. It says these organizations will provide “financial coaching” for low-income homebuyers, as well as “housing and social services.” But their activities are more political than charitable.
BINGO!!!
Thank you!
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