Crooked Democrat Elizabeth Warren set up one of the most unaccountable agencies in government under President Obama.
The Daily Caller reported:
Pay is flowing so generously at the Consumer Financial Protection Bureau (CFPB) that hundreds of bureaucrats there receive more than most members of Congress.
These findings are part of a Daily Caller News Foundation Investigative Group salary analysis for the consumer agency that was founded by Sen. Elizabeth Warren of Massachusetts and then-President Barack Obama in 2011. The agency was created under the Dodd-Frank Act to serve as a consumer agency protecting the poor against financial fraud.
Warren deliberately placed the agency inside the Federal Reserve Board. As a result, the salaries there do not have to conform to the pay scale set for federal workers at all other department and agencies.
Statistics from the report:
- 201 CFPB Employees earn more than Senate Majority and Minority Leaders Mitch McConnell and Chuck Schumer, who Earn $193,000.
- 54 CFPB Employees earn more Speaker of the House Paul Ryan, who makes $223,000.
- 170 CFPB Employees earn more than the secretaries of defense, state, the attorney general and the director of national intelligence who earn $199,700.
- 39 CFPB Employees earn more than Vice President Mike Pence, who makes $230,000.
- 198 CFPB Employees earn more than Federal Reserve Chairwoman Janet Yellin, who makes $201,700.
- 240 CFPB Employees earn more than all 50 Governors in the United States.
- 449 CFPB Employees earn more than $100,000 per year.
- 228 CFPB Employees earn more than $200,000 per year.
Remember, Warren’s nickname is Pocahontas because she is a liar. She lied about being Native American so she could get a teaching gig at Harvard where she made a fortune teaching a single class.