Regulator in Chief
The unchecked, unelected, unaccountable Elizabeth Warren.
Feb 28, 2011, Vol. 16, No. 23 • By FRED BARNES
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.