Monday, December 04, 2017

TRUMP AGENDA - Neuter the Consumer Financial Protection Bureau

"Duel over who runs the Consumer Financial Protection Bureau goes to court" PBS NewsHour 11/27/2017

NOTE:  The Dodd-Frank law that created the CFPB states that the Assistant Director becomes the Acting Director.  Trump just wants to ignore this law.


SUMMARY:  The Consumer Financial Protection Bureau opened for business on Monday with dueling appointees.  Leandra English was named acting director on Friday by the bureau's outgoing chief, but within hours President Trump appointed White House budget chief Mick Mulvaney to the same job.  English filed a federal lawsuit Sunday.  William Brangham reports.

"Consumer agency is banking cop for American families, says Sen. Warren" PBS NewsHour 11/27/2017


SUMMARY:  Sen. Elizabeth Warren, D-Mass., says the law is clear when it comes to who should run the Consumer Financial Protection Bureau in the wake of the resignation of its director.  Warren, who helped create the bureau under the Obama administration, talks with William Brangham about the mission and the independency of the agency, as well as President Trump’s latest disparaging remark.

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