https://en.wikipedia.org/wiki/Consumer_Financial_Protection_...
>The agency was originally proposed in 2007 by Elizabeth Warren while she was a law professor. The CFPB's creation was authorized by the Dodd–Frank Wall Street Reform and Consumer Protection Act, whose passage in 2010 was a legislative response to the financial crisis of 2007–08 and the subsequent Great Recession and is an independent bureau within the Federal Reserve.
>The CFPB formally began operation on July 21, 2011.
In Trump's immortal word: Wrong.
>FUD.
https://en.wikipedia.org/wiki/Federal_Reserve#Accountability
>Nonsensical, utopian libertarianism talking points that don't take into consideration specifics, just blanket judgements without evidence or understanding.
Honestly Margaret, I don't give a damn.
People here are trying to convince me that it's perfectly fine to have wanton waste and fraud and we should accept it because it's such a Miniscule(tm) part of the budget. Miniscule(tm) as in millions and billions of dollars. Tax dollars. I guess a multi millionaire or even a billionaire by modern standards is a pauper today, okay.
And they say that for what? Because they want to scream Orange Man and Rocket Man X are bad.
What the hell is wrong with you people. Seriously and sincerely. With how much y'all hate Trump I thought we at least shared a common hatred for fraud.
The mental gymnastics many of the people here go through to justify their screeching is frankly appalling[1][2][3].
Hate Trump and Musk if you want because that's frankly none of my business, but if you are serious about accepting wanton waste and especially fraud of people's tax dollars I will not have any respect for you and your lack of civility.
If you are serious that millions and billions of dollars is an insignificant sum of money, I will question your grasp upon common sense and reality.
[1]: https://news.ycombinator.com/item?id=43004138
Lies.
> 2. Being under the Federal Reserve, it is not part of the government despite being ostensibly so. Accountability is thus questionable at best.
FUD.
> 3. Small(er) government(?) is good government. Leaner budget is better budget. Less bureaucracy is good bureaucracy.
Nonsensical, utopian libertarianism talking points that don't take into consideration specifics, just blanket judgements without evidence or understanding.