Obama’s Egregious Hypocrisy on Housing

By: Daniel Horowitz (Diary)  |  January 11th at 07:53 AM  | 

In 2010, Congress passed the Dodd-Frank Act, which  created the new “Bureau of Consumer Financial Protection (CFPB),” an all-powerful agency vested with the power to limit the choices of consumers in financial markets, making it harder and more expensive to obtain credit.  This unaccountable agency operates autonomously within the Federal Reserve and will not be subjected to congressional appropriations or oversight. Yesterday, the CFPB announced | Read More »

The Purge of House Conservatives Continues

By: Daniel Horowitz (Diary)  |  December 3rd at 01:59 PM  | 

Well, House leadership made sure to elevate like-minded members to leadership; they took care to co-opt the Republican Study Committee; they packed the Steering Committee, which chooses committee assignments, with a bunch of loyalists.  Now we’re seeing the effects of those decisions. Maybe it’s because he’s intent on repealing Dodd-Frank.  Maybe it’s because he wants to use his committee assignment to advocate winding down Fannie | Read More »