By that time hopefully Trump will have his nominee in place. I think the whole thing should be shut down, it has served no good purpose.
I think the whole thing should be shut down, it has served no good purpose.
“Warren built a political battleship, and Cordray deployed it. The bureau’s powerful media division dictated policy to its regulatory professionals and relentlessly exaggerated the agency’s achievements in daily press releases and social-media posts. Political operatives used the CFPB’s super-independence to stonewall congressional subpoenas and hide unethical investigation tactics, internal discrimination problems, and other inconvenient facts.
Republican critics were dismissed as Wall Street sycophants. Meanwhile, millions of dollars were diverted from the CFPB to Democratic allies. From 2014 to 2017, the bureau paid $11 million a year to rent office space in an Obama fundraiser’s building. The Dodd-Frank Act allowed the CFPB to send the civil money penalties collected in its enforcement actions to a trustee of its choice, who, after taking a healthy cut, distributed the funds to ostensible victims in unrelated matters. The maneuver both enriched Democratic trustees and transformed fines extracted from defenseless businesses based on their deep pockets rather than actual consumer harm into “over $12 billion in damages returned to 29 million injured consumers.” To spread such propaganda, the bureau paid over $43 million to GMMB, the liberal advocacy group that created ads for the Obama and Hillary Clinton presidential campaigns.”
Read more at: http://www.nationalreview.com/article/454059/richard-cordray-consumed-partisan-politics-mick-mulvaney-cfpb-sick-sad-joke
Trump shoe just nominate him, pick a deputy when he’s ready then step down.whybdrag this out?