No one doubts that if a change in administration comes and the new President disagrees with the existing Director, he or she can be removed.
Barney Frank: “No one doubts that if a change in administration comes and the new President disagrees with the existing Director, he or…”
Editor's note · Context
Frank asserts that a new President can remove the CFPB Director.
Share
More from Barney Frank
Barney Frank, the author of the Dodd-Frank bill, in this committee, sitting in that chair, who has testified in this committee that he told us that the $50 billion threshold is arbitrary and that we should look at alternative methods for…
This is a legislative enactment that essentially says that the fact that I live in a loving committed marriage with another man is somehow a threat to other people's freedom.
I do think there is a tendency for an overreach by the FSOC. I do not think straightforward insurance companies or money managers should be covered and regulated as SIFIs.
Yes, I was frankly struck that Mr. Labrador went to such great pains to deny this.





