“The double standard of Sen. Warren’s positions is indirectly presented in your editorial “President Warren Declares” (June 4). Here we see her exercising congressional oversight of the SEC. But the House that Liz Built, the Consumer Financial Protection Bureau, was specifically designed by Sen. Warren to be above the inconvenience of congressional oversight…

…It is buried in the Federal Reserve but is accountable to no one—not Congress, not the president, not even the Fed. In a governing system that is based on the balance of powers, the CFPB is perhaps the most un-American institution in Washington. Apparently congressional oversight is a bad thing, except when it’s Sen. Warren who exercises it.” Derek Bennekom, Bolton, Mass., The Wall Street Journal, Letters to the Editor

Posted on June 10, 2015, in Postings. Bookmark the permalink. Leave a comment.

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