Leftist Massachusetts Democrat Sen. Elizabeth Warren, in a desperate attempt to protect the Consumer Financial Protection Bureau – an entity she created that, unlike other federal regulatory bodies and enforcement agencies, determines for itself how much money it needs and obtains it directly from the Federal Reserve, as the Heritage Foundation has noted, actually praised …
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Leftist Massachusetts Democrat Sen. Elizabeth Warren, in a desperate attempt to protect the Consumer Financial Protection Bureau – an entity she created that, unlike other federal regulatory bodies and enforcement agencies, determines for itself how much money it needs and obtains it directly from the Federal Reserve, as the Heritage Foundation has noted, actually praised President Donald Trump.
In late January, U.S. Sen. Ted Cruz (R-TX) introduced the Defund the CFPB Act, which would zero out the transfer payments from the Federal Reserve to the Consumer Financial Protection Bureau.