CORRUPTION: Liz Warren Set Up Out of Control Agency, No Accountability

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.

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