Saturday, February 8, 2025

[U] Apparently, Tangerine Is AGAIN Confused: He Cannot “Order” The CFPB To Close Shop.


Gosh. . . would somebody please read the United States Code to Tangerine 2.0? Again?!

Title X of Dodd-Frank created the consumer protection finance bureau.

It is an agency independent of the preznut. It is independent of the Congress, and it is even independent of the Federal Reserve.

Only a new Act of Congress can end its mission.

So all this Saturday night bluster — about stopping “all investigative activity. . .” (just as with USAID, last week), will be enjoined in a federal court — next week.

See, 12 USC §§ 5301-5641.

More on Sunday -- see this Supremes opinion from 2023, penned by none other than Justice Thomas. It. Is. Here. To. Stay.

नमस्ते

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