As this article points out, the appointment of Mulvaney(and what he has said about the CFPB) should not call for reform of such agencies--it should call for their abolishment!
https://patriotpost.us/articles/52692
What Is the Consumer Financial Protection Bureau?
The battle over who will lead the CFPB should lead to far more basic questions about bureaucracy.
Brian Mark Weber
Dec. 1, 2017
..."Sounds innocent enough doesn’t it? The problem is that government “watchdog” agencies rarely do anything other than empower politicians on Capitol Hill to regulate and control our lives (and thereby empower themselves). Throughout our country’s history, multi-member boards were in charge of agencies in order to diffuse power. That changed when Barack Obama created the CFPB."...
..."Not surprisingly, the agency’s supporters are also donors for the Democrat Party. The Washington Examiner reported that 593 CFPB executives gave money to the likes of Hillary Clinton, Bernie Sanders and Elizabeth “Fauxcahontas” Warren. Only one gave to a Republican. Clearly, Obama set up this agency to do more than protect consumers."...
..."In a press conference, Mulvaney said, “It is an awful example of a bureaucracy that has gone wrong. It is almost entirely unaccountable to the people who are supposed to oversee it or pay for it. I still have the same fundamental principled misgivings about the way this bureau is structured. I think it is wrong to have a completely unaccountable federal bureaucracy. I think it’s completely wrong,” He added, “I’m just learning about the powers that I have as acting director. They would frighten most of you. They would probably worry you to think about how little oversight Congress has over me now as I’m the director, how little oversight the committees have over how CFPB functions.” "...
·
https://patriotpost.us/articles/52692
What Is the Consumer Financial Protection Bureau?
The battle over who will lead the CFPB should lead to far more basic questions about bureaucracy.
Brian Mark Weber
Dec. 1, 2017
..."Sounds innocent enough doesn’t it? The problem is that government “watchdog” agencies rarely do anything other than empower politicians on Capitol Hill to regulate and control our lives (and thereby empower themselves). Throughout our country’s history, multi-member boards were in charge of agencies in order to diffuse power. That changed when Barack Obama created the CFPB."...
..."Not surprisingly, the agency’s supporters are also donors for the Democrat Party. The Washington Examiner reported that 593 CFPB executives gave money to the likes of Hillary Clinton, Bernie Sanders and Elizabeth “Fauxcahontas” Warren. Only one gave to a Republican. Clearly, Obama set up this agency to do more than protect consumers."...
..."In a press conference, Mulvaney said, “It is an awful example of a bureaucracy that has gone wrong. It is almost entirely unaccountable to the people who are supposed to oversee it or pay for it. I still have the same fundamental principled misgivings about the way this bureau is structured. I think it is wrong to have a completely unaccountable federal bureaucracy. I think it’s completely wrong,” He added, “I’m just learning about the powers that I have as acting director. They would frighten most of you. They would probably worry you to think about how little oversight Congress has over me now as I’m the director, how little oversight the committees have over how CFPB functions.” "...
·
