DennisKC

Hello Mish, I have two questions about the CFPB. 1. How can it be constitutional if it can spend money not appropriated by Congress? 2. Can it shut down a business or fine a business without due process?

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Mike Mish Shedlock
Mike Mish Shedlock

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  1. How can CFPB be constitutional if it can spend money not appropriated by Congress? 2. Can it shut down a business or fine a business without due process?

It seems so embroiled in controversy I do know how it can do anything. This is another one of those agencies that ought not to exist. There are hundreds of them. I have not looked closely at what it is actually supposed to do to comment further.


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