REVOLVING DOORS ARE SPINNING AT HYPER-SPEED AT THE CONSUMER FINANCIAL PROTECTION BOARD: Three of the top four executives at the CFPB – the questionably constitutional hybrid agency created by President Obama and Elizabeth Warren – have left the bureau in recent months for lucrative positions in the financial industry, according to the Daily Caller News Foundation Investigative Group’s Richard Pollock.

Obama, Warren and the Democratic Congress in 2010 put CFPB under the Federal Reserve, ostensibly to insure its independence of financial industry special interests, but also effectively insulating it from congressional oversight, As Pollock reports, however, CFPB has instead become “a breeding ground for bureaucrats becoming highly paid executives in the very industry the bureau was created to regulate. The CFPB has an unusually high turnover rate for a government agency as nearly 50 top CFPB officials have abandoned the agency since its creation to take high-paying jobs in the industry.”