Controversy builds at U.S. consumer protection bureau

WASHINGTON, D.C. — Costly building renovations at the U.S. Consumer Financial Protection Bureauare raising more congressional concerns that the agency is out of control.

A government report pegs the price of the work at $210 million — $120 million more than initial estimates, with off-site leasing costs included.

“That’s more per square foot than the Bellagio hotel-casino in Las Vegas,” said John Berlau, a senior fellow at the Competitive Enterprise Institute.

And, critics add, CFPB doesn’t even own the building. More

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