House panel passes bills to ramp up CFPB oversight

first_imgThe House Financial Services committee approved two bills Wednesday that would repeal a post-recession bailout fund and give Congress control of the Consumer Financial Protection Bureau’s (CFPB) budget.The committee passed, 33-20, the Taking Account of Bureaucrats’ Spending (TABS) Act which would subject the CFPB to the congressional appropriations process. The CFPB is currently funded by a dedicated revenue stream from the Federal Reserve and operates on a budget requested by the director.Republicans, most of whom oppose the CFPB’s existence, have long been critical of the bureau’s funding process and Congress’s limited control. The TABS Act would give legislators more say over CFPB operations and opens the door to defunding the agency all together. continue reading » 6SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

WATCH VIDEO: Violent Carjacking in Palm City

first_imgJean appeared before judge in Martin County on Tuesday facing two counts of kidnapping, one count of armed robbery and one count of carjacking with a deadly weapon. A family is violently carjacked at a Palm City gas station and a motorcyclist stops to help.Justin Laoretti had pulled his motorcycle over to the side of the road and saw the two victims, but had no idea they were carjacking victims.Laoretti was able to calm down the grandmother and her infant grandchild after 21-year-old Jaquay Jean allegedlt forced the two out of the car.Jean is accused of carjacking the vehicle at a Mobil gas station in Palm City, throwing the female driver out of the car and taking off with the grandmother and young boy still in the vehicle. Deputies locate 2 men connected in armed carjacking in Palm City @CBS12— Al Pefley (@AlPefley) October 16, 2017last_img read more

Exclusive – Warnock on Huddersfield link: Never say never, but I am happy being out of the game

first_imgNeil Warnock has told talkSPORT he is not looking to return to management amid reports linking him with the Huddersfield Town job.The former Leeds and QPR boss is among the favourites to replace Mark Robins, who parted company with the Championship club following the opening day defeat to Bournemouth.Warnock, 65, has been working in the media since leaving Elland Road in April 2013, and, though he has stopped short of ruling himself out of contention to take the Terriers post, it appears unlikely he will be tempted to return to the dugout.“I know you never say never but at the minute I am enjoying what I am doing,” he said, speaking on the Alan Brazil Sports Breakfast. “I can criticise referees and not get fined!“I don’t think it is a job now where young managers can come through and sort of build a club. It’s a case of ‘can I last a season’.”last_img read more