The Rage Over a new Director of CFPB

Dodd-Frank the most obnoxious of acts passed in the last twenty years. Many Republicans would like to see it rescinded. If that isn’t bad enough – the origins of this law was a proposal issued by then Professor ELIZABETH WARREN. It was signed into law in 2010 as a “knee-jerk” solution to the financial crisis of 2008. There are over 2,300 pages of the act which brought the most significant changes to financial regulation in the United States since the Great Depression of the 1930’s. True to the push for “big government,” it not only established several agencies but cloaked … Continue reading