Elizabeth Warren revs up her Consumer Financial Protection Bureau..

The new federal Consumer Financial Protection Bureau’s website proclaims that no financial company “should be able to build, or feel pressure to build, a business model around unfair, deceptive, or abusive practices.” How ironic, then, that the bureau itself is trying to extend its reach by extorting billions of dollars from private mortgage servicers, regulating their business by fiat, and stalling a U.S. housing market recovery.

http://online.wsj.com/article/SB10001424052748704758904576188640816094376.html?mod=WSJ_Opinion_LEADTop

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Tuesday

March 15th, 2011

Staff Reporter EducationNews.org

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