To the Editor:
The Consumer Financial Protection Bureau was in fact established right after the financial meltdown and with the exact same purpose in mind as the Troubled Asset Relief Program, which cost taxpayers more than $800 billion, which was to reward political “compadres” like unions (including teachers unions).
CFPB was the brain child of U.S. Sen. Elizabeth Warren (D-Massachusetts) – nickname Pocahontas – who presented herself to Harvard as Native American to secure a position, but it turns out maybe she is 1/32 Cherokee. CFPB was presented as a consumer protection bureau, which on its face sounds great, but in practice merely was a vehicle to go after political enemies. CFPB is a Democratic slush fund, and every American should want it disbanded.