GAO Report Finds Redundancy in Federal Programs
March 01, 2011 at 11:08 AM EST
The CFPA was set up with a carve-out of Federal Reserve revenue, and thus is a new perpetual bureaucracy that will somehow do what the other regulators and various state insurance regulators were supposed to do but did not. The solution to a conspicuous disaster is to simply add another regulator. A recent nonpartisan GAO [...]
