May 26, 2020

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IFL Releases Two Statements on CFPB Abuses Today

Between Attempts to Avoid Oversight and Stacking Audience Members, IFL Outraged!

Published Tuesday, April 1, 2014
Institute for Liberty Calls Democrats’ Attempt To
Cancel CFPB Oversight Hearing “Shameful”

 
“Oversight only works when Congress is Actually Able to Hear Testimony
on Agency Operations”
 
Washington, D.C. — Institute for Liberty (IFL) President Andrew Langer released the following statement today in response to Democrat members of the House Committee on Financial Services’ request that the oversight hearing regarding allegations of discrimination at the Consumer Financial Services Bureau (CFPB) be canceled:
 
“It is highly unsurprising, but no less shameful, that Democrats on the House Financial Services Committee want to see Wednesday’s hearing on allegations of discrimination at the CFPB canceled.  House Democrats have been singularly unwilling to hold this administration accountable for the myriad abuses of power that its CFPB personnel have committed –- all while CFPB personnel are collecting record high salaries from the American taxpayer. 
 
The CFPB, an agency with enormous — and largely unaccountable — power is one of the most politicized federal agencies, which is all the more reason why abusive, retaliatory, and discriminatory practices must be thoroughly investigated.  The fact that House Democrats want to sweep these allegations under the rug should give any American pause. Oversight only works when Congress is actually able to hear testimony on an agency’s operations.”
 
IFL is an aggressive defender of the rights of individuals to pursue the American dream. They inject the perspective of small businesses, and the working families that depend on them, into the public policy debate. For more, please visit: instituteforliberty.org.  
 
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Watchdog Group Outraged at CFPB Audience Fraud

Agency Paid for Pro-CFPB Audience Member at Field Hearing 

 

WASHINGTON, D.C.— Institute for Liberty President Andrew Langer released the following statement today slamming the Consumer Financial Protection Bureau (CFPB) after it was revealed the secretive government agency paid for a pro-CFPB speaker at a field hearing. 

 

“Operatives within the agency, many of whom have close ties to both President Obama and Senator Elizabeth Warren, violated agency policy by planting the speaker to give media the impression of consumer support for its efforts. This revelation comes on the heels of yesterday’s controversy over Democrat Senators attempting to prevent CFPB whistleblowers from testifying about other abuses at the agency.

 

After two-decades standing up against abuses of power by the federal government, I didn’t think I could be shocked by the coordinated actions of an agency to manipulate the press and public opinion.  This one-two punch of paying for audience members and attempting to squash the testimony of whistleblowers are just two examples of a disturbing pattern of behavior for a powerful agency with virtually no oversight.

 

Last week, I testified at the CFPB’s field hearing in Nashville, voicing my concern for their double-talk on regulation and unwarranted interference with consumer choice and the free market. While few folks in attendance stood in favor of the CFPB’s power grab, one is now left to wonder if any of the audience members who voiced pro-CFPB opinions were paid to attend. 

 

Congress must work to pierce the veil of this secretive agency, which will clearly stop at nothing to protect the ideology and agenda of a highly politicized agency bent on eroding Americans’ Constitutional freedoms.”

 

IFL is an aggressive defender of the rights of individuals to pursue the American dream. They inject the perspective of small businesses, and the working families that depend on them, into the public policy debate. For more, please visit: www.instituteforliberty.org.

 

 

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