2 ms·
the agency has 700 mln budget of mostly salaries for 1700 people, but does not bring enough value for what it spends. plus the unusual funding scheme makes the
by slt2021 2y ago
the agency has 700 mln budget of mostly salaries for 1700 people, but does not bring enough value for what it spends.
plus the unusual funding scheme makes the agency unconstitutional to start with and should be rolled into one of the existing regulators of the banking industry: OCC, FDIC, FRB, etc.
there is no valid reason to bloat regulators, rather than improve the function of existing