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Home > News > Top News > 02/06/12 - Ron Paul Warns Of Federal Reserve Power Grab
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Ron Paul Warns Of Federal Reserve Power Grab

February 06 — Not only was Obama’s appointment of Richard Cordray to the misnamed Consumer Financial Protection Bureau (CFPB) unconstitutional, but the newly minted federal leviathan itself is in direct violation of Constitution, specifically the Tenth Amendment.

In January, Obama thumbed his nose at Article 2, Section 2 of the Constitution. It states that the president “shall nominate, and by and with the Advice and Consent of the Senate, shall appoint” officers to the government. Read more and watch the video.

 

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