Author Archive

The heads of the two federal super agencies poking around your business have very different plans in store for the future. National Security Agency Director General Keith Alexander will reportedly be retiring within the next six months, as will his top deputy, John “Chris” Inglis. Alexander has spent eight years leading the NSA – though the events of the last year will likely define his legacy. The debacle involving former NSA contractor Edward Snowden, who leaked thousands ...

The partial government shutdown that has shuttered many federal agencies – leaving hundreds of thousands of employees without paychecks – is having absolutely no effect on one behemoth bureaucracy: the Consumer Financial Protection Bureau.

The CFPB is immune from the shutdown because it is allowed to freely raid the Federal Reserve for its funding instead of going through the normal Congressional appropriations process. In other words, while dozens of agencies see their budgets slashed or eliminated during the shutdown, the CFPB’s ...