Tag Archives: Consumer Financial Protection Ageny

CFPB HQ rehab will cost more than Trump Towers…

Congress is warning Americans that the agency charged with safeguarding their wallet -- the Consumer Financial Protection Agency-- is orchestrating a huge taxpayer rip off, renovating their downtown headquarters for nearly as much as the building is worth.

“You are spending more per square foot than the Trump World Tower” cost to build, jabbed Rep. Jeb Hensarling, chair of the House Committee on Financial Services, at CFPB Director Richard Cordray. “You are spending more than the Bellagio Hotel and Casino” cost to build in Las Vegas, he added at a hearing this week...

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