Monday, December 12, 2011

Lindsey Graham calls CFPB ‘Stalinist’ he wants it for Congress

Lindsey Graham says CFPB is Stalinist...but instead of eliminating a Stalinist agency, he wants to put the Stalinist agency under the control of Congress? Tell me why we need Republicans?

“The reason Republicans don’t want to vote for it is we want a board, not one person making all the regulatory decisions, and there’s no oversight under this person; he gets a check from the Federal Reserve. We want him under the Congress so we can oversee the overseer,” Graham said on NBC’s “Meet the Press.”