The new Consumer Financial Protection Bureau is both irrelevant and dangerous. – City Journal
Post Tagged with: "CFPB"
April 19, 2012 09:57
Dodd-Frankenstein bill allows unlimited spying on Americans
Obama and the Democrats brag about Dodd-Frank as one of their great achievements. Now we know why. The bill gives dictatorial power to new agencies and allows unlimited collecting and sharing of your information. The agencies have no accountability to congress or voters.
April 30, 2010 05:33
New agency in finance reform bill allows spying on everyone’s transactions
Under the bill’s current language, according the Senate Banking Committee sources, the OFR under the new federal law would be allowed to collect any financial data it chooses, whether from individual citizens or businesses. Under the language of the bill, the data center can collect and maintain “all data necessary” to monitor the financial system.
