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December 11, 2015

Politico Morning Money: CFPB Blowback

“Lot of people peeved with the anonymous snipe at Hillary Clinton saying the GOP wants to defund the CFPB even though the CFPB is funded through the Fed. Dennis Kelleher from Better Market: “Republicans have consistently tried to eliminate CFPBs independent funding and subject it to the annual appropriations process, where, for example, they have crippled the CFTC by grossly underfunding it every year. It’s like having Al Capone set the police budget for Chicago.”

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Read the full Politico article by Ben White here.

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