Unlimited Power! It’s bad enough that the Federal Trade Commission (FTC) fabricated an ability Congress never gave it to seek disgorgement of a citizen’s assets merely by seeking an injunction against conduct it considers to be fraudulent. But under Chair Khan (or is that Shere Khan?), FTC expanded the scope of its authority in openly partisan ways even its longtime supporters found dubious.
Other people’s money. Rohit Chopra, the Director of the Consumer Financial Protection Bureau, oversaw an agency funded not by Congress, but instead by the Federal Reserve. Although the Supreme Court disagreed, NCLA continues to believe that this arrangement violates the Constitution’s Appropriations Clause, which grants Congress alone control over government spending.