July 19, 2012

NICOLE GELINAS: Dodd-Frank’s Protection Racket. “Congress has created a shield for itself, a useless and destructive agency that it can point to when the public justly blames it for failing to fix our ongoing economic problems. Whether the CFPB can protect Congress in that event is unclear, but one thing is certain: despite its name and lofty goals, it can’t protect consumers.”

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