Anonymous wrote:
Anonymous wrote:
Anonymous wrote:So CFPB will survive overall just pared down to legislative obligations? That is better than I expected, I assumed it would be wiped completely out by this admin.
What do you mean by pared down to legislative obligations? What positions there aren't tied to legislative obligations?
They all are.
There is a difference between being "tied to" legislative obligations and necessary to carry out legislative obligations. I spent many years at the CFPB, believe in the mission and respect the people. But the argument that ALL of the jobs are needed is not a strong one. There is no legislative obligation to bring a certain number of enforcement actions, conduct certain types of research, issue most regs, build out every bell and whistle in the complaints program, etc. And this is before even getting into all the people in the Operation division.