Sen Lindsey Graham seems to think that the new consumer protection bureau is tantamount to a communist takeover. At least that's the excuse he's using for opposing a single director for the agency. He - and presumably the entire GOP - would prefer that a board of bank regulators have veto power over the agency's decisions (really). He also wants Congress to be able to restrict the agency's funding. Graham doesn't seem to get (or care) that the entire reason for the agency's existence is to give consumer's an independent voice to fight for their rights and to protect them from predatoty lending and other practices that lead to the financial meltdown. The scenario that Graham envisions would leave the agency open to lobbyists, cronyism and Congressional meddling.