Congressmen Kyrsten Sinema (D, AZ) and Randy Neugebauer (R, TX) rightly decry the partisan nature of the Elizabeth Warren/Dodd-Frank Consumer Financial Protection Bureau, but their solution is wholly wrong. They want the existing single-director power structure replaced by a multi-person bipartisan commission, one that wouldn’t be so prone to the party in White House…influence.

As an example of how well a bipartisan commission would work, the Congressmen cite the SEC, the fair and balanced commission that uses in house judges to act on and punish those the SEC accuses of illegal investing practices.

It’s interesting that they didn’t cite the FCC, of Internet interference notoriety, or the NLRB, the commission that’s an arm of Big Union.

No, the proper correction to the partisan nature of the CFPB is to get rid of this wholly unaccountable even to Congress, with budgeting on demand from the Federal Reserve Bank, monstrosity altogether.

Replace with what, then? Nothing. The function is not needed. American citizens aren’t as slack-jawed, droolingly stupid as the Know Betters in government—of either party—make us out to be.