Not So Safe, Not So Sound: Amodei, Heck and H.R. 3193


Fascinating how the GOP claims to be FOR smaller government and less bureaucracy, but then votes for passage of laws like this that increase the degree of bureaucracy to the detriment of consumers.  Rep.  Amodei who supposedly represents those of us in Northern Nevada voted FOR PASSAGE of this bill?  Why would Rep. Amodei want to increase bureaucracy and make it harder for the government to assure consumer protection?

Originally posted on Desert Beacon:

Occupy Wall Street bankersRepublicans have never liked the Consumer Financial Protection Bureau .  Nor have the members of the Republican Party in the House of Representatives stopped trying to find ways to gut the powers of the Bureau.  A voted taken on February 11, 2014 is an indication of that opposition.H.Res. 475: “Providing for consideration of the bill (H.R. 3193) to amend the Consumer Financial Protection Act of 2010 to strengthen the review authority of the Financial Stability Oversight Council of regulations issued by the Bureau of Consumer Financial Protection, providing for proceedings from Feb. 13, 2014 – Feb. 24, 2014.” [rc 59] (223-193) Representative Joe Heck (R-NV) voting in favor of the bill; Representatives Dina Titus (D-NV) and Stephen Horsford (D-NV) voting in opposition.And what would H.R. 3193 do?

(1) “Amends the Consumer Financial Protection Act to authorize the Chairperson of the…

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