Comment on Republican Judge Kills CFPB: 'It Must Cease To Exist'

Republican Judge Kills CFPB: 'It Must Cease To Exist'

Today a Republican judge told the entire country that consumers should have no protection from predatory financial institutions, lenders, investment managers and the rest. None. In a two-page "opinion" which largely regurgitated dissenting opinions in another case, Preska ordered the agency to cease to exist. ThinkProgress: Judge Loretta Preska’s decision on this matter can barely even be described as an “opinion” because she devotes less than two pages of analysis to this question before proclaiming that a federal agency must be simply wiped away.

 

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