Now it’s preparing to force banks to make whole those their customers who are conned by money-transfer service scams, regardless of whether the bank had anything to do with the scam.

Bank customers no longer should be responsible for their own decisions, even their foolish ones. We average Americans, holds the CFPB and its MFWIC, Rohit Chopra, are just too grindingly stupid to be responsible for ourselves.

Currently, banks must repay customers for charges they did not authorize. Chopra and his CFPB want banks, in addition, to have to refund these third-party transfers, done on the banks’ systems, if the customer authorizes the transaction and later changes his mind and cries foul. Customers are no longer expected to do their own due diligence regarding their money. That’s too much responsibility, you see.

This is one more reason this creature of Elizabeth Warren, this Consumer Financial Protection Bureau, needs to be disbanded, the law creating it wholly rescinded, and metaphorical salt poured on the pages of the Code of Laws of the United States of America, our USC, and the child pages in our Code of Federal Regulations, our CFR, that contained it.