Jeb Hensarling said...

reduce taxpayers' risk, codify into law an explicit government guarantee, and increase market competition.

So powerful is the CFPB director that he alone has been granted the unprecedented power to declare any mortgage, credit ...

I maintained it was perhaps the single most powerful and unaccountable agency in the history of the republic.

The CFPB is unaccountable to the President, because the director can only be removed for cause.