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Elizabeth Warren set up the bureau to operate above any oversight. Additionally, the bureau was placed under spending authority of the federal reserve.
The CFPB has also attempted to help consumers understand virtual currencies such as Bitcoin.
originally posted by: MiddleInsite
a reply to: IAMTAT
See, I like "CHUNKY HUCKABEE SANDERS". Sanders' is a big fat pie eating pig. See, us Dems can name call too.
originally posted by: Xcathdra
RUMBLINGS: Elizabeth Warren Faces ‘Political Destruction’ Amid Rumors CFPB Engaged In Multi-Billion Dollar ‘Scheme’
Is the real reason behind Senator Elizabeth Warren’s outrage over Mick Mulvaney’s appointment as director of the Consumer Financial Protection Bureau (CFPB) about her own political survival?
Conservative Treehouse’s Sundance believes Mulvaney is in a rare position to drain one of Washington’s deepest swamps — and the 2020 hopeful may be collateral damage.
Click link for article...
well this took an interesting turn of events... I had no idea this board was placed under the federal reserve, including their budget, to block Congress from defunding it in addition to exercising oversight.
Given the salaries of the people appointed to the board it sure looks like a shady operation.
I am curious what the new acting director will find that the Democrats wanted kept secret.
As Bloomberg reports, Trump's budget director Mick Mulvaney can remain as temporary head of the agency, a federal judge ruled in rejecting a request to block the move fromLeandra English, who was named to the role by the departing director.
U.S. District Judge Timothy Kelly in Washington rebuffed English, who sued to Nov. 26, contending she is entitled to the provisional post.
Kelly, who has been on the bench since only September, is a Trump nominee who previously worked for Senate Judiciary Committee Chairman Chuck Grassley, an Iowa Republican, and also served as a federal prosecutor.
The judge’s ruling came after hearing from both sides Tuesday.
A day earlier, attorneys for English and the Justice Department had spent about 40 minutes trying to persuade him.
Joining the fight on English’s behalf were about two dozen current and former members of Congress who told Kelly the president’s choice of his White House budget director to temporarily helm the CFPB threatened the agency’s ability to operate independently as designed.
Among those who joined in that filing, former U.S. Representative Barney Frank, a Massachusetts Democrat who co-authored the Dodd-Frank legislation with former Connecticut Senator Christopher Dodd.
As The Hill reports, the ruling clears the way for Mulvaney to run the CFPB until a permanent director is sworn in or English successfully appeals the decision.
Trump 1 - 0 Resistance.
originally posted by: Christosterone
Elizabeth Warren and her people have been fighting for their right to survive since 1492...
She and her tribe are so brave...especially during the trail of tears....in November of 2016
originally posted by: IAMTAT
originally posted by: carewemust
a reply to: Xcathdra
Is this the senator who says she is Indian, which is why she is referred to as Pocahontas?
Yes, that's the one.
She also goes by the name FAUXcahontas.
originally posted by: IAMTAT
originally posted by: carewemust
a reply to: Xcathdra
Is this the senator who says she is Indian, which is why she is referred to as Pocahontas?
Yes, that's the one.
She also goes by the name FAUXcahontas.
originally posted by: Xcathdra
The judge’s ruling came after hearing from both sides Tuesday.
originally posted by: Xcathdra
RUMBLINGS: Elizabeth Warren Faces ‘Political Destruction’ Amid Rumors CFPB Engaged In Multi-Billion Dollar ‘Scheme’
originally posted by: queenofswords
a reply to: Xcathdra
Good! Now it's going to get real interesting.
Spotlight on Elizabeth Warren....code word, 'Pocahontas'.
originally posted by: AndyFromMichigan
Is this the group that's suing to try to keep Trump from appointing a new director? Cause if so, that screams of desperate scrambling to keep something hidden.