TODD ZYWICKI:  “As an unaccountable bureaucracy with a single head, the [Bureau of Consumer Financial Protection] will be susceptible to bureaucracy’s worst pathologies: a tunnel-vision focus on the agency’s regulatory mission, undue risk aversion and agency overreach. While a more coherent consumer-protection regime is needed, consumer-protection goals often can conflict with other goals, such as promoting competition, lower prices and expanded choice for consumers; and ensuring safety and soundness.” Read the whole thing at the Washington Times.