Former Speaker Newt Gingrich: A Government Snoop That Puts the NSA To Shame (WSJ)

The Consumer Financial Protection Bureau, through its 12 data-mining programs, collects and monitors information for nearly 600 million personal credit-card accounts on a monthly basis. The CFPB is gearing up to monitor 95% of all credit-card transactions by 2016 (more about this below).

Has the CFPB Gone ‘Rogue’? (Reverse Mortgage Daily)

Congressional lawmakers continue to push legislation to bring more accountability to the Consumer Financial Protection Bureau (CFPB), with several bills having already been introduced this year in efforts to achieve this. And now there is yet another proposed bill that seeks to further the cause.

CFPB plows ahead with public consumer complaint database (Housing Wire)

Despite numerous objections from the mortgage finance industry and some basic reasoning that publishing unvetted, anonymous complaints on a government website could be problematic, the Consumer Financial Protection Bureau is moving ahead with its plan for opening its consumer complaint database to the public.

Consumer Financial Protection Bureau Grants Itself Authority to Shut Down Any Business at Anytime (Townhall.com)

Last week the Consumer Financial Protection Bureau, through the power of Dodd-Frank, passed a rule giving the agency unprecedented power to shut down businesses, no matter what the reason, at any time it wishes through a cease-and-desist order. Further, the rule puts businesses at the mercy of the CFPB and they cannot go back into operation until government approval or a court ruling is made over an issue.