Consumer Protection Bureau Or Bellagio D.C.?
Kenric Ward writes at Watchdog.org about costly building renovations at the US Consumer Financial Protection Bureau:

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.

...Lawmakers have mocked the project, which includes a glass staircase, concession kiosk and a 'water wall' ending in a splash pool.

...House Financial Services Committee Chairman Jeb Hensarling said the 2010 Dodd-Frank Act, which created the CFPB, made the agency "unaccountable to taxpayers and to Congress."

"We're seeing the results of this dangerous unaccountability today in a Washington bureaucracy that is running amok, spending as much as it wants on whatever it wants," the Texas Republican said.

Hensarling estimated that halting the renovation plans and finding a cheaper office would save the bureau about $100 million.

via @reasonpolicy