November 18, 2014

ACCOUNTING RULES ARE FOR THE REGULATED, NOT THE REGULATORS! GAO says CFPB’s spending accounting flaws are serious, require prompt fixes. “The CFPB was created by Congress and President Obama four years ago to help consumers better understand and use sometimes complicated financial resources, but a new Government Accountability Office review has found for a second straight year serious deficiencies in the bureau’s stewardship of its own budget.”

InstaPundit is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.