It was interesting to read David Baumann's June 23, 2017 article on the 22 trade groups that are asking Congress to convert the CFPB into a five-member, president-appointed, Senate-confirmed, bi-partisan commission.

The most interesting aspect about this effort is that often times, these are the same groups who complain that government is too big and too much money is being spent by regulatory agencies.

It is easy to understand why these groups want a bi-partisan commission. They believe that they would have a greater voice in trying to convince three out of five people to agree with their agendas as opposed to convincing one person who under the existing CFPB structure is accountable to no one.