Republican Louisiana Sen. John Kennedy accused the Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra on Wednesday of operating his agency in an illegal manner. The Dodd–Frank Wall Street Reform and Consumer Protection Act mandates that the CFPB operate using funds from the “combined earnings of the Federal Reserve System.” However, Kennedy alleged during a CFPB “Semi-Annual … Continue reading Senator Kennedy Tells Biden Regulator Point Blank His Agency is ‘Operating Illegally’