Financial stability council violates the Constitution

posted by
January 5, 2011
Competitive Enterprise Institute
by Hans Bader  
Posted in Commentary

"C. Boyden Gray's Dec. 31 Washington Forum commentary, 'Wall Street reform that flouts the law,' rightly criticized the secrecy, unchecked bureaucratic power and constitutional violations that will result from the Dodd-Frank Wall Street 'reform' law passed this summer. There is an additional way that it violates the Constitution: Its delegation of bureaucratic power to unaccountable officials not selected by the president or any federal agency." (01/05/11)  

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