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The [[Consumer Financial Protection Bureau]] (CFPB) was created in 2009 by a majority Democrat Congress and signed into law by President Obama with Elizabeth Warren's as its first head.<ref>[http://www.ornery.org/essays/warwatch/2010-09-19-1.html Obama Spits on the Constitution]</ref>
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The '''Consumer Financial Protection Bureau (CFPB)''' was created in 2009 by a majority Democrat Congress and signed into law by President Obama with Elizabeth Warren's as its first head.<ref>[http://www.ornery.org/essays/warwatch/2010-09-19-1.html Obama Spits on the Constitution]</ref>
 
The CFPB was found to be a massive fundraising scam, tapping into the [[U.S. Treasury]] to support Democrat pet projects by awarding contracts to Democrat operatives and organizations. ''The Daily Caller'' reported: {{quotebox|"Obama’s presidential campaign advertising agency received nearly $60 million in federal contracts after he took office...The overwhelming majority of the $58 million funneled to GMMB came from the Consumer Financial Protection Bureau (CFPB) created by Democratic Sen. Elizabeth Warren in 2011. The CFPB awarded the agency a whopping $43.7 million, about 75 percent of GMMB’s total federal funding stream. The second-most lucrative government account for GMMB is a community service agency founded by Bill Clinton, the Corporation for National and Community Service, which awarded GMMB $13.1 million worth of contracts...."<ref>[https://amp.dailycaller.com/2017/09/13/exclusive-obamas-top-campaign-ad-firm-got-nearly-60m-in-federal-contracts ''Obama’s Top Campaign Ad Firm Got Nearly $60M In Federal Contracts''], The Daily Caller, September 13th, 2017.</ref>}}
 
The CFPB was found to be a massive fundraising scam, tapping into the [[U.S. Treasury]] to support Democrat pet projects by awarding contracts to Democrat operatives and organizations. ''The Daily Caller'' reported: {{quotebox|"Obama’s presidential campaign advertising agency received nearly $60 million in federal contracts after he took office...The overwhelming majority of the $58 million funneled to GMMB came from the Consumer Financial Protection Bureau (CFPB) created by Democratic Sen. Elizabeth Warren in 2011. The CFPB awarded the agency a whopping $43.7 million, about 75 percent of GMMB’s total federal funding stream. The second-most lucrative government account for GMMB is a community service agency founded by Bill Clinton, the Corporation for National and Community Service, which awarded GMMB $13.1 million worth of contracts...."<ref>[https://amp.dailycaller.com/2017/09/13/exclusive-obamas-top-campaign-ad-firm-got-nearly-60m-in-federal-contracts ''Obama’s Top Campaign Ad Firm Got Nearly $60M In Federal Contracts''], The Daily Caller, September 13th, 2017.</ref>}}
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==Services==
 
==Services==
 
The CFPB has allowed liberal activists to raise the cost of [[credit]] and cause many people who were formerly able to apply for and be allotted lines of credit to no longer be able to do so.
 
The CFPB has allowed liberal activists to raise the cost of [[credit]] and cause many people who were formerly able to apply for and be allotted lines of credit to no longer be able to do so.
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==References==
 
==References==
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