About the Dodd-Frank Act, George Washington Would Be Turning Over in His Grave

MEDIA CLIPPING

Forbes

About the Dodd-Frank Act, George Washington Would Be Turning Over in His Grave

J. W. Verret | Jul 02, 2012

This excerpt originally appeared in Frobes on July 2, 2012.

President Washington would turn over in his grave to see the structure that Dodd-Frank sets up for the Consumer Financial Protection Bureau (“CFPB”), which enjoys immunity from oversight by the President, substantial immunity from review by the judicial branch, and complete immunity from budgetary review by Congress.