Senator Elizabeth Warren (D-MA) is fighting mad. Her pet project, the Consumer Financial Protection Bureau (CFPB), is completely out of her control, and she’s taken to Twitter to express her latest dissatisfaction with Trump-appointed CFPB head Mick Mulvaney.
D.C. Circuit: CFPB structure is constitutional

In October 2016, a conservative panel on the D.C. Circuit ruled, 2–1, that too much unilateral power was concentrated in the independent Director of the Consumer Financial Protection Bureau, unconstitutionally infringing upon the President’s Article II executive powers.
In February, the full D.C. Circuit agreed to en banc rehearing of this case—entitled PHH Corporation...
Court: Trump pick Mick Mulvaney can remain as Acting Director of CFPB

Donald Trump secured a victory in the federal District Court in D.C., as a Judge just ruled that Mick Mulvaney can continue as Acting Director of the Consumer Financial Protection Bureau (CFPB). The Court rejected the claims of Leandra English, appointed by Richard Cordray just as he was leaving CFPB, that...
“Democrats’ #Resistance is creating a genuine constitutional crisis”

Georgetown Law Professor Randy Barnett had a tweet on December 5, 2017, that I’ve been meaning to write about.
It reflects a subject I, and others, have been focusing on since election night — the refusal of Democrats and #NeverTrump Republicans to accept the outcome of the election not just emotionally, but...
Where is the CFPB to Protect Those Badgered For Phantom Debt?

Last week, Bloomberg published an article how one man had enough of fake debt collectors badgering him and his family to collect a phantom debt, money he did not owe. Andrew Therrien used his own money and time to track down...
If Trump really wanted to stick it to Elizabeth Warren, here’s who he’d nominate for CFPB Director

Because of her Twitter fights with Donald Trump, much attention has been focused for the past year on Elizabeth Warren’s claim, while climbing the law school ladder to Harvard, to be Native American. I addressed this recently in It’s time for Eliza...
Court Sides with Trump in Bitter Fight with CFPB and Elizabeth Warren

Elizabeth Warren’s pet project, the Consumer Financial Protection Bureau, is engaged in an unnecessary feud with the Trump administration.
General counsel for the CFPB disagrees with Elizabeth Warren on agency head replacement (Update)

The showdown at the Consumer Financial Protection Bureau is a perfect microcosm of the difficulty unraveling Obama’s rule by bureaucracy.
Two weeks ago, CFPB chair Richard Cordray announced his resignation. Cordray had run ...
Elizabeth Warren furious over Trump’s CFPB appointment

Richard Cordray announced his resignation from the contentious Consumer Finance Protection Bureau (CFPB) two weeks ago. Friday, Cordray suddenly changed plans, and with no warning, left the agency a week before his scheduled departure date.
Prior to leaving, he appointed his Chief of Staff, Leandra English, to replace him as the Acting...
Resignation of CFPB head gives Trump opportunity to erase Elizabeth Warren’s legacy

Richard Cordray, an Obama appointee and head of the Consumer Financial Protection Bureau (CFPB) announced to staff in an email Wednesday his plans to resign. While he’s yet to confirm his plans, there’s speculation Cordray will return home to run for Ohio’s governorship.
‘Monopoly Man’ Attends Senate’s Equifax Hearing

Amanda Werner, an arbitration campaign manager for Public Citizen, has attended the senate’s Equifax hearing dressed as the Monopoly Man. From The Hill:
Dressed in a top-hat, bushy mustache and monocle, Amanda Werner, arbitration campaign manager for Public Citizen, was visible over Richard Smith’s left shoulder in the Senate Banking Committee’s live...
Hypocrite Government Agency Lashes Out at Equifax Over Data Collection While Continuing to Collect Data

You gotta love government agencies. They lash out when private businesses hurt consumers and yet evidence always seems to surface that they do the exact same thing, sometimes even worse.
Take the Consumer Financial Protection Bureau (CFPB), an agency not many know about. Dodd-Frank birthed this agency as a way to protect...
Appeals Ct to Consider Fate of Elizabeth Warren’s Consumer Financial Protection Bureau

Back when Senator Elizabeth Warren (D-MA) still claimed to be a Republican, she came up with the idea of the Consumer Financial Protection Bureau (CFPB).
That idea, however, morphed into a partisan Democrat operation under Obama, with a structure that sought to exclude itself from Executive or Congressional oversight. The constitutionality of...
Student Debt Now Affecting a Growing Number of Elderly Americans
The Trump administration would be wise to address the higher ed bubble sooner than later. The train is is heading down the tracks and picking up speed.
The Washington Post reports:
Student debt now affects a staggering number of elderly Americans
The number of older Americans taking on student debt on behalf of their...
Have Two Major Credit Reporting Agencies Lied to Consumers?

After a lengthy investigation, the Consumer Financial Protection Bureau reports that two of the three major credit reporting agencies have deceived consumers.
Both Equifax and Transunion were dinged for deceit and also for taking advantage of consumers. The agencies were fined over $23 million.
Obama Admin to Regulate Payday Loans

The nation’s payday and auto title lenders are now the latest target of the Obama administration in an effort to transform the relationship between private lending companies, their borrowers, and the government. For the very first time, high-interest lending companies will face regulations set forth by the federal government.
Credit of this type typically involves...
Jeopardy: Our Elizabeth Warren questions

Are the folks at Jeopardy trolling us?
Via The Wall Street Journal, here are questions (and the answers) about Elizabeth Warren asked on a recent episode of Jeopardy:
1) In 2012, Elizabeth Warren was elected a senator from this state.
Answer: What is Massachusetts?
Mr. Trebek: You got it.2) Mrs. Warren is on the Senate...