7th February 2017
Pay is flowing so generously at the Consumer Financial Protection Bureau (CFPB) that bureaucrats receive more than most members of Congress.
The Senate majority and minority leaders are paid $193,000 annually. Two hundred and one CFPB employees outdo Sens. Mitch McConnell and Charles Schumer in pay.
Speaker of the House Paul Ryan of Wisconsin receives $223,000 per year, but that’s less than what 54 CFPB employees are paid.
Another 170 CFPB employees earn more than the secretaries of defense and state, the attorney general and the director of national intelligence. All cabinet salaries are capped at $199,700, but not at the bureau. Thirty-nine CFPB employees earn more than the $230,000 paid to Vice President Mike Pence.
My, what a surprise. Aren’t you surprised? I’m sure surprised.