Who knew the government has a thrift shop?

In the administration’s announcement today proposing to expand the powers to oversee the financial sector, one line mentions closing the Office of Thrift Supervision.

 Thrift Supervision? Did anyone else know that there’s a division devoted to keeping an eye on my thriftiness? You know, I always passed that building on 17th and wondered what Thrift Supervision was so today I looked it up.

Apparently the Thrifties have been around since 1989 (after the S&L scandals of the 80s) and are charged with keeping an eye on the operations of savings and loans and savings banks.

Who knew?!