Wait, scrapping regulations is not the job of the Consumer Financial Protection Bureau?
Among the list of things Republicans are contractually obligated to vilify like a deranged evangelical preacher railing against the sins of the Village People, the Consumer Financial Protection Bureau ranks near the top. Despised by the G.O.P. since the day it was formed by Dodd-Frank, the C.F.P.B. has been deemed a “dictator” that steals money from consumers and subjects financial institutions to the type of treatment you’d expect in the Gulag. And though scrapping it entirely was always the dream, in November Donald Trump was able to install Mick “I don’t like the fact that C.F.P.B. exists” Mulvaney as the agency’s head, which essentially amounted to the same thing. Now, rather than going to the trouble of abolishing the bureau, Mulvaney can simply undermine its mission from the inside. And apparently he’s not being shy about it!
Despite telling confused staffers that he had no plans to “set the place on fire or blow it up or lock the doors,” Mulvaney kicked off his first day on the job by imposing a 30-day freeze on hiring and new rule-making. And just before Christmas, apparently figuring that there was no longer any reason to beat around the bush, the C.F.P.B changed its mission statement from this:…
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Liz warren is a hero to millions of us Americans god bless her for her hard and good work