Fans of Wall Street should love this bureau. With all that unchecked authority, the CFPB really didn’t do much to hold Wall Street accountable. They meddled with peripheral actors and marginal financial products, basically hijacking the mandate of the American people that had the too-big-to-fail in its crosshairs. I don’t recall payday lenders having sunk the global economy. I don’t think check cashers having done that either. But that’s the crackdown we got. And many a banking executive should be breathing easy, if could have, should have, been  much worse for them.