Weekend Must ReadsPosted by on August 03, 2013
Wall Street Journal | Just Another Bureaucracy
The Consumer Financial Protection Bureau likes to portray itself as a virtuous, upstart and independent agency focused on helping the little guy. In reality it's just another big bureaucracy that rolls out thousands of pages of new rules every year, generating lucrative business opportunities for lawyers and the agency's well-connected alumni.
The American | Big Bureaucracy: The CFPB Turns 2
The Consumer Financial Protection Bureau is everything that both proponents and critics thought it would be, and that’s not a good thing.
Washington Times | Bank robbery in California
With the threat of eminent domain lying in wait, banks and other lenders will look for businesses in other places, where property rights are respected. Finding buyers will become difficult, depressing the price of houses.