Krugminator2
01-26-2018, 08:06 AM
From the moment Congress created the Consumer Financial Protection Bureau, Republicans attacked it as a “rogue agency (https://archive.is/o/NqgTa/https://www.bloomberg.com/news/videos/2017-11-16/sen-rounds-says-cfrb-a-rogue-agency-video?utm_source=glassdoor&utm_medium=bd&utm_campaign=company&cmpId=glassdoor.company),” “unaccountable (https://archive.is/o/NqgTa/https://www.wsj.com/articles/SB10001424053111903554904576457931310814462),” “malicious (https://archive.is/o/NqgTa/https://www.housingwire.com/articles/33322-us-senator-cfpb-is-a-rogue-agency-that-dishes-out-malicious-financial-policy)” and run by an out-of-control “dictator (https://archive.is/o/NqgTa/https://www.cnbc.com/2017/02/16/house-financial-services-chair-cfpb-is-an-unelected-dictator-that-must-be-stopped.html)” who desperately needs more oversight.
Mick Mulvaney has apparently set out to prove them right.
Literally. Last week, Mulvaney told the Federal Reserve (https://archive.is/o/NqgTa/https://www.americanbanker.com/news/mulvaney-requests-zero-money-for-cfpb) the bureau deserved zero dollars in the second quarter and pledged to draw down its emergency reserves instead.
https://www.washingtonpost.com/opinions/mick-mulvaney-cant-legally-kill-the-cfpb-so-hes-starving-it-instead/2018/01/25/4481d2ce-0216-11e8-8acf-ad2991367d9d_story.html?utm_term=.ccee0499ac07
I'm not hearing enough ripping.
https://youtu.be/tpeLSMKNFO4?t=129
Mick Mulvaney has apparently set out to prove them right.
Literally. Last week, Mulvaney told the Federal Reserve (https://archive.is/o/NqgTa/https://www.americanbanker.com/news/mulvaney-requests-zero-money-for-cfpb) the bureau deserved zero dollars in the second quarter and pledged to draw down its emergency reserves instead.
https://www.washingtonpost.com/opinions/mick-mulvaney-cant-legally-kill-the-cfpb-so-hes-starving-it-instead/2018/01/25/4481d2ce-0216-11e8-8acf-ad2991367d9d_story.html?utm_term=.ccee0499ac07
I'm not hearing enough ripping.
https://youtu.be/tpeLSMKNFO4?t=129