From SmallGovTimes.com: 

We suggest the GOP Congress should consider closing and shuttering the Bureau of Consumer Financial Protection immediately upon being sworn in. (If the Bureau is even up and running at that point. Treasury Secretary Geithner has set July 21, 2011, as the deadline for the BCFP to be ready for operations. That should give the Congress ample time to cut-off any funding for the BCFP and effectively shut it down.)

It’s important that we in the industry don’t fantasize too much along these lines.  We have to deal with reality and do what we can to demonstrate to the Bureau the value of payday lending.