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Court raises constitutional questions about CFPB’s structure

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Mortgage Professional America | 06 Apr 2016, 06:30 AM Agree 0
Two appeals court judges are questioning whether the structure of the CFPB violates Article II of the Consitution
  • NoSpinJustFacts | | 06 Apr 2016, 12:08 PM Agree 0
    So no matter how you slice and dice, we will still have this huge bureaucratic organization that has proven to not achieved an intent of simplifying the regulations. We will just end up with power being shifted from one to five, that will continue creating complexity of multiple definitions for the same word so to meet the convoluted writing of massive regulations.

    Washington DC bureaucrats of all political leanings are incapable of caring enough about the consumer to relinquish their power to simple and productive laws. It would take away their ability to continue extracting special interest money buying protection from bureaucratic interpretations to complex rules.

    We have become a Big Government of little citizens country. It is a shame, the American exceptionalism was based upon a small government Big Citizen (freedom) distinction from Big Government little citizens that dominates other countries around the world.
  • The Mortgage Industry | | 06 Apr 2016, 05:59 PM Agree 0
    We've been saying this for years.
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