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Volume 25 - Number 3

February 3, 2014

Don’t 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 it’s 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. “I’ve been relatively critical of the CFPB, but I’m the first to say you can’t 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 don’t...

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After the November elections, how long will it take for a new Congress and White House to pass GSE reform legislation?

I’m confident a bill will be passed the first year.


2 to 3 years. GSE reform is complicated.


Sadly it won’t happen in a Clinton or Trump first term.


Not in my lifetime.


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