"Lizzy Warren will no doubt pitch a fit about this entire matter. That agency is her pet rock after all. Wah, wah, wah. More grist for the mill as they say. Stay tuned - this could get interesting."
Al Franken - get out of the way! We now have new fish to fry. And believe it or not, this issue goes back to Barney Frank and Chris Todd. The two architects of the most intrusive, business killing bill in the history of mankind. That would be the Dodd-Frank Bill. Then under the auspices of that bill, President Obama, with the help of Dizzy Lizzy Warren, set up with a faux agency called the Consumer Financial Protection Bureau (CFPB). Don't let the name fool you - this has nothing to do with consumers - or protection. It does however, have everything to do with Democratic power.
Mick Mulvaney, the Director of OMB, has had this faux agency in his sights since he was in Congress. He knows the real truth behind this agency. So does President Trump. So the President did something long overdue - he put his own man in charge of this mess. One minor problem. This post is currently occupied by one of the statists who keep the swamp slimy. So yesterday, both Mulvaney and Leandra English (the acting director appointed by the former acting director) showed up for work. So far Mulvaney is winning the battle - but he cheated to do so. He brought in Dunkin' Donuts for the crew.
Well, the long time Democrat statist who thinks the position is hers was furious! How dare they! "I will sue!" she said. Go ahead said the Administration. When legal experts were asked who was in the right on this one, the answer mostly always came back the President. And now that the President has his numbers guy in this position, the wheels are going to start coming off this terrible trolley.
Someone was on the news last night explaining how useless this organization is. He cited one bank who had to quite making consumer loans due to the excessive regulations this agency has promulgated. This financial expert said consumer loans are what make this country run. Without consumer loans, consumers are hurt, NOT PROTECTED.
Lizzy Warren will no doubt pitch a fit about this entire matter. That agency is her pet rock after all. Wah, wah, wah. More grist for the mill as they say. Stay tuned - this could get interesting.