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  • Consumer Financial Protection Bureau

    Supreme Court Takes Up Recess Appointments

    This morning marks the official start of the Supreme Court’s 2013–2014 term. One of the cases the Court will decide is National Labor Relations Board v. Noel Canning, which involves a clash between the President and the Senate over recess appointments. At the end of 2011, the Senate exercised its … More

    Morning Bell: 5 Ways Obama Has Trampled the Constitution

    Today, the Constitution turns 226 years old. Let’s not forget it states that the President “shall take Care that the Laws be faithfully executed.” The Obama Administration has done the opposite, turning the law on its head and ignoring constitutional limitations on its power. >>> Read the Constitution now Here … More

    Consumer "Watchdog" Tailing Consumers

    Many Americans are understandably unsettled by news reports about the National Security Agency’s widespread monitoring of telephone and Internet traffic. Attracting far less attention is the rampant snooping of a more personalized nature carried out daily by the Consumer Financial Protection Bureau (CFPB). The two-year-old agency created by the Dodd–Frank … More

    Cloakroom: Battle of the Budgets, Round 1

    House Cloakroom: March 11 – March 15 Analysis:  This week House Budget Chairman Paul Ryan (R-WI) will release his 2014 budget resolution for markup in committee. The Ryan budget is expected offer a path to balance in 10 years and include a full repeal of Obamacare as well as a … More

    Morning Bell: A Blow to Obama's Imperial Presidency

    President Obama has gone around Congress in as many ways as he can find. One way is by abusing the presidential power to make appointments to government positions during a supposed Senate recess—in an attempt to avoid having the Senate confirm the nominees. Last week, a three-judge panel of the … More

    Taxpayer-Funded Infrastructure Bank: The "Investment" Isn't Worth It

    Bad ideas never seem to die. But the proposal to create a national infrastructure bank to federally fund transportation and infrastructure projects with taxpayer dollars is one such idea that President Obama and lawmakers in the 113th Congress should put to rest. A recent Politico article noted that the departure … More

    CFPB Servicing Rules Are Excessive and Unauthorized

    The Consumer Financial Protection Bureau (CFPB) has imposed yet more regulation on the mortgage market, as required by the Dodd–Frank statute. The latest set of requirements and restrictions focuses on mortgage servicers, those who are hired by lenders to collect payments and manage other administrative aspects of home loans. Bureau … More

    Morning Bell: The 10 Worst Regulations of 2012

    It seems that no aspect of American life can escape government regulation. In the past year, regulators drafted rules that addressed everything from caloric intake to dishwasher efficiency. Most of these rules increase the cost of living, others hinder job creation, and many erode freedom. Not all regulations are unwarranted, … More

    Will Stay-at-Home Moms Be Allowed Credit Cards Again?

    Much has been discussed on the “war on women” this presidential debate season, and yet we haven’t heard much about those rules made in Washington that actually hurt women in very real ways. One such rule denied stay-at-home moms access to their own credit cards. A proposed amendment finally seeks … More

    States and Organizations Fight to Preserve Liberty from Dodd-Frank Act Intrusions

    The states of Michigan, Oklahoma, and South Carolina have sued the Obama Administration in the U.S. District Court for the District of Columbia over provisions of the Dodd-Frank Act that allow the government to seize financial institutions. Several private organizations joined in the legal complaint, to challenge also the constitutionality … More