Volume 25 - Number 3
February 3, 2014
Dont Hate the CFPB Because of The Dodd-Frank Act, Critic Says
The CFPB has certainly borne the brunt of a lot of criticism since its inception, but even some of its critics say its not right to blast the bureau for something lawmakers are responsible for in this case, all of the mandates from the Dodd-Frank Wall Street Reform and Consumer Protection Act. Ive been relatively critical of the CFPB, but Im the first to say you cant blame an agency if the issue is in the statute, said Mark Calabria, director of financial regulation studies at the libertarian Cato Institute in Washington, DC. I dont...
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