Anonymous ID: 596114 Sept. 7, 2018, 12:32 a.m. No.2916985   🗄️.is 🔗kun

>>2916924

>Ty anon

My Pleasure. I don't want to take credit for the find, it belongs to bc6428 in that bread. I was just reposting for visibility. It's his OC.

Anonymous ID: 596114 Sept. 7, 2018, 12:41 a.m. No.2917047   🗄️.is 🔗kun   >>7055 >>7061 >>7082

>>2916958

>the CFPB

 

Why the CFPB’s funding is guaranteed

By Suzy Khimm

February 15, 2012

 

The Consumer Financial Protection Bureau’s funding comes not from Congress but from the Federal Reserve, which has a fixed formula for doling out the funds. Victoria McGrane explains:

 

Under the Dodd-Frank law, the CFPB gets its money from transfers from the Federal Reserve System, up to specific caps set by the law. The Fed can’t turn down requests under that cap.

 

The caps are fixed percentages of the Fed’s operating expenses, which works out to the following:

 

–10% of Fed operating expenses in fiscal 2011 or $498 million — 11% of Fed operating expenses in fiscal 2012 or $547.8 million — 12% in fiscal 2013 or $597.6 million

 

–12% each fiscal year thereafter, subject to annual adjustments for inflation

 

Yes, you read that right. It's a forth branch of government INDEPENDENT OF CONGRESS AND THE EXECUTIVE BRANCH!

Funded by the Federal Reserve. What could possibly go wrong?

Anonymous ID: 596114 Sept. 7, 2018, 12:46 a.m. No.2917079   🗄️.is 🔗kun   >>7106

>>2916980

>POTUS trip to UK (GCHQ and Roths home)

That bothered me too. The old axiom "we have to be right every time, they only have to be right once" comes to mind.

Why go into the devil's workshop if you don't have to.

Anonymous ID: 596114 Sept. 7, 2018, 12:54 a.m. No.2917132   🗄️.is 🔗kun

>>2917055

Nrrr. Forgot sauce.

https://www.washingtonpost.com/blogs/wonkblog/post/why-the-cfpbs-funding-is-guaranteed/2012/02/15/gIQA1pAQGR_blog.html?noredirect=on&utm_term=.6e55b804d5ca