I want to make sure that I get the story straight. I would be glad to hear any information you have on this.

Update, August 6, 2014: When I was in Washington D.C. this past May, I had a chance to talk at length with Chris Carroll, who is the new Chief Economist at the Consumer Financial Protection Bureau. I am now much more optimistic that the Consumer Financial Protection Bureau will manage to strike a good balance between economists and lawyers.