Connect with us

Hi, what are you looking for?

Third Base Politics

Uncategorized

Cordray’s First Move at CFPB? Demand More Power

Guest post by SamAdams

We’ve already highlighted former Ohio Attorney General Richard Cordray’s illegal recess appointment and unethical political activity after he pledged to keep politics out of his new job.

Now Cordray and the CFPB have asked for the ability to regulate debt collection agencies and credit reporting bureaus. In effect, greatly expanding their already ambiguous authority.

I’m not disputing the fact that these businesses should fall under the scope of federal oversight, because they probably do. The problem is that Cordray is using the vague powers of the CFPB as an excuse to subvert the authority of Congress, who should be the ones deciding this issue.

In his first few months on the job, after being illegally placed there, Richard Cordray has managed to break his promise to the American people and greatly expand the size and scope
of government.

We can’t wait to see what’s next.



Welcome to 3BP!

Have a tip? Interested in posting on 3BP? Drop us an email at tips @ thirdbasepolitics .com. (remove the spaces)

Third Base Politics is an Ohio-centric conservative blog that has been featured at Hot Air, National Review, Washington Post, Los Angeles Times, Pittsburgh Tribune-Review, and others.

Archives

You May Also Like

Third Base Politics