Jan 05 2012

CATO’S ROGER PILON: “All of Obama’s appointments yesterday are illegal under the Constitution. A…

CATO’S ROGER PILON: “All of Obama’s appointments yesterday are illegal under the Constitution. And, in addition, as too little noted by the media, his appointment of Richard Cordray to head the Consumer Financial Protection Bureau (CFPB) is legally futile. Under the plain language of the Dodd-Frank Act that created the CFPB, Cordray will have no authority whatsoever.”

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CATO’S ROGER PILON: “All of Obama’s appointments yesterday are illegal under the Constitution. A…

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