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Tuesday, May 24, 2011

CFPB Hearings

Seems that Elizabeth Warren attended a hearing on the Consumer Financial Protection Bureau that will start in a month or so.  During a hearing, where apparently a lot of people didn't do their homework on the agency, Rep. Patrick McHenry  (R-N.C.), basically calls Ms. Warren a liar.



So I wonder where this will lead.  Will McHenry apologize to Ms. Warren or will he just continue to accuse her of more things?  Well according to the Huffington Post he commented:

"I was shocked by Ms. Warren’s blatant sense of entitlement," he added. "She was apparently under the assumption that she could dictate a one-hour time limit for her testimony to Congress and that we were there at her behest instead of the other way around. This is just further example of her disregard for congressional oversight.”

He is at least consistent with his foolishness.  Personally it seems McHenry is a little scared of Ms. Warren. He must can't handle a strong, intelligent and powerful woman as he seemed surprised that she didn't stand down.

I know that these are just politicians so I shouldn't expect more but I had always heard that in this type of situation if you are asking a question you should at least know what the answer should be.  Asking the question is just a formality.  Whether the Consumer Financial Protection Bureau is needed or not we may never gather from these hearings as the politicians can’t seem to get their personal agendas out of the process. 

It is a shame as this should be easier than this. 

1 comment:

Liberal Elite said...

I loved Mr. Cummings' interjection. He really put the chair in his place... made him look like the fool he is.