Regulator in Chief

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The unchecked, unelected, unaccountable Elizabeth Warren.

Feb 28, 2011, Vol. 16, No. 23 • By FRED BARNES

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Neither is likely to pass this year. But House Republicans took a swipe at the CFPB by limiting what it can spend to $80 million—Obama wanted $134 million—as it gears up for its July launch. So while the media have largely ignored the new agency, at least a few Republicans haven’t forgotten how much they dislike it.

Fred Barnes is executive editor of THE WEEKLY STANDARD.