Legislative reform efforts can be redirected into curbing the regulators themselves.

Evidence

Partisan lawmakers who side with Wall Street tried to curb the independence of the Consumer Finance Protection Bureau and to water down the regulatory rules for the Dodd-Frank financial reform bill. They blocked confirmation of nominees for leadership and regulatory positions in key agencies, leaving them in limbo (Wyatt & Protess, 2011). What began as a legislative effort to rein in the detrimental practices of Wall Street turned into a concerted effort to rein in the regulators. — Albert Bandura, Moral Disengagement, 1562

Categorization

  • XREF: Instantiates the same dynamic the reader tracks in Cooper/authoritarianism work: policy elites using their power to shield harm-doers. — connects to: Legislators alone can choose administered regulation over self-applying law. — Henry M. Hart, Jr. and Albert M. Sacks, The Legal Process: Basic Problems in…, 432; Financial reform legislation was converted into an effort to restrain regulators
  • corroborated: 2 independent passages support this claim — Albert Bandura, Moral Disengagement: How People Do Harm…, 1562