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Ted Cruz Introduces One-Line Bill To
Abolish Warren’s Consumer Agency

Daily Caller, by Thomas Phippen

Original Article

Posted By:StormCnter, 2/15/2017 11:13:47 AM

Texas Republican Sen. Ted Cruz introduced a one-page bill Tuesday to abolish the Consumer Financial Protection Bureau, the darling of Sen. Elizabeth Warren and Bernie Sanders. The Repeal CFPB Act, which Cruz and four other Republican senators sponsored, would repeal the Consumer Protection Act of 2010, the part of the Dodd-Frank bill that created the CFPB and granted it sweeping authority over banks, money lenders and financial institutions. “Don’t let the name fool you, the Consumer Financial Protection Bureau does little to protect consumers,” Cruz said in a statement. “During the Obama administration, the CFPB grew in power and magnitude

      


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Reply 1 - Posted by: ida lou pino, 2/15/2017 11:33:59 AM     (No. 11156732)

A nice start. Here are some other one-sentence bills which Congress should vote one - -

• The federal government shall have no involvement whatsoever in the health insurance business.

• The federal government shall have no involvement whatsoever in the education business.

• The federal government shall have no involvement whatsoever in the pension business.

• The federal government shall have no involvement whatsoever in the housing market

• The federal government shall have no involvement whatsoever in what individuals choose to ingest

There are lots of others - - but those will make a pretty good start.

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Reply 2 - Posted by: Bubby, 2/15/2017 11:35:24 AM     (No. 11156734)

Good start hope it passes. Now if someone would do the same for Senator Kennedy´s odious 1965 immigration bill allowing only people of color from third world hellholes into the country!

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Reply 3 - Posted by: DoneinCalif, 2/15/2017 11:53:26 AM     (No. 11156751)

Why won´t they pass Kate´s Law? Should be a no brainer.

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Reply 4 - Posted by: curious1, 2/15/2017 12:01:09 PM     (No. 11156759)

Excellent ideas, #1 and 2,

Tweet them out to Trump and Cruz and Ryan and McConnell.

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Reply 5 - Posted by: Lucky5, 2/15/2017 12:43:32 PM     (No. 11156824)

Thank you Ted Cruz! I have a feeling we needed you more where you are now than as President.
Kill the CFP and make it a swift death.

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Reply 6 - Posted by: rolfnader, 2/15/2017 12:44:58 PM     (No. 11156828)

But, but, but,,,,,think of all those 1675 employees (as of 2016) that would have to be shifted to a different desk with higher pay and better benefits.

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Reply 7 - Posted by: Blue-Z-Anna, 2/15/2017 1:20:37 PM     (No. 11156857)

Very risky bidness....writing Bills in common language and brutal brevity.

Most laws gird themselves with reams of protective weasel words and opt-outs.

Cruz keeps it simple so that the INSULT to the Left is not lost in the shuffle.



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Reply 8 - Posted by: RCFlyer98, 2/15/2017 1:38:52 PM     (No. 11156886)

Kill the CFPB. . .Now! Right Now!


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Reply 9 - Posted by: greggojo, 2/15/2017 1:57:08 PM     (No. 11156908)

Excellent!

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Reply 10 - Posted by: Rumblehog, 2/15/2017 2:27:11 PM     (No. 11156938)

As it should be done! Short, sweet, and to the point. Now watch as all the eRINOs begin attaching things to it for pork barrel projects in their home States.

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Reply 11 - Posted by: Penney, 2/15/2017 2:38:57 PM     (No. 11156951)

This is the time for this new Congress to swiftly repeal and sift policies which have already failed and are detrimental to the lives of Americans. Sen. Cruz is a true leader in that noble goal.

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Reply 12 - Posted by: Whamdbambam, 2/15/2017 4:15:36 PM     (No. 11157088)

Ugh, me thinkum Indian war party gathering in the Land of High Cheekbones.

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Reply 13 - Posted by: dvc, 2/15/2017 5:14:23 PM     (No. 11157158)

Perfect. This is a very dangerous agency, not controlled by Congressional funding, President cannot fire the head.

Dangerous. Needs to be gone.

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Reply 14 - Posted by: ColonialAmerican1623, 2/16/2017 12:38:14 AM     (No. 11157605)

It´s a faux agency.
Who do they help ? Not US citizens.

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