Consumer Financial Protection Bureau

DC Circuit Delivers a Blow for the Constitution

The court ruled the Consumer Financial Protection Bureau unconstitutional.

Obama Turns to Squelch the Payday Loan Industry

Another day, another Obama regulation.

Document Shows CFPB Shakedown of Ally Bank

Toyota might want to rethink its settlement with the federal government.

Toyota Burned Again in Gov’t Witch-Hunt

To this administration, everybody’s a racist.

Fed Used Made-up Data to Sue for Racial Discrimination

We wonder if the system the bureau created was itself racist.

Hurting the Poor Is No Way to Help Them

Combating bad ideas would be much easier if they were all backed by ill intent. More often than not, however, the opposite is true, and the worst government policies are enacted with the intention to help. Such is apparently the case with the aggressive campaign by the Consumer Financial Protection Bureau to eliminate the payday lending industry.

The Consumer Financial Protection Bureau Isn’t Protecting Consumers

When a government agency called the Consumer Financial Protection Bureau (CFPB) is created by Congress, one would expect that a few consumers could actually receive protection, but that hasn’t been the case with this agency’s track record of mismanagement, inefficiency and waste. The CFPB has been operating for four years now and if it were a sports team, its coach, Richard Cordray, would certainly be looking for work.

Consumer Financial Protection Bureau Does Anything But