Emperor Dump putting democracy, American consumers last

Former Massachusetts US Representative Barney Frank says the independence of watchdog agency Consumer Financial Protection Bureau was a key consideration when Congress created it in 2010.

The director of the Consumer Financial Bureau is different than every other in many ways. He's appointed or she's appointed for a five-year term and cannot be removed by the president. And we thought it was appropriate that, in that case, they be protected from being cut off at the knees politically.

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