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RUSH: There’s something else going on out there that is a classic misinformation campaign, that is typical of what happens with the Drive-By Media and Trump. Now, normally this kind of story wouldn’t even deserve a mention on this program because in the normal flow of things it would be boring, and it still is boring. But what makes this newsworthy is the latest effort by the Drive-By Media to cast Trump as somebody unsuited, unfit, immoral, dictator-like, tyrannical, and it’s all about the directorship of what is called the Consumer Financial Protection Bureau, the CFPB. Now, I wonder how...

White House budget boss Mick Mulvaney moved quickly Monday to rein in the Consumer Financial Protection Bureau, imposing a 30-day hiring freeze and other new rules as the fight over who’s really in charge of the agency heads to court. Mulvaney, whom President Trump chose to run the CFPB on a temporary basis, has a history of bashing the bureau and has called it a “sad, sick” joke. He didn’t back away from those assertions Monday afternoon, describing the CFPB as “an awful example of a bureaucracy that has gone wrong and is almost entirely unaccountable.” Mulvaney said he was...

White House budget director Mick Mulvaney, named by President Trump as acting director of the Consumer Financial Protection Bureau, sent a memo to the agency's staff Monday that read: "Please disregard any instructions you receive from Ms. English in her presumed capacity as Acting Director," Reuters reports. He also brought donuts.The backdrop: The CFPB currently has two chiefs. Leandra English is former director Richard Cordray's pick to lead the agency, and she has sued the Trump administration over Mulvaney's appointment. Mulvaney told staffers to report any communications from English to the general counsel of the CFPB, who has said she...

Mick Mulvaney may be getting sued over his appointment to serve as interim director of the Consumer Financial Protection Bureau, but he certainly is not letting it faze him. The Office of Management and Budget Office director told CFPB staffers Monday to ignore communications from Leandra English, who was named by former CFPB Director Richard Cordray as his replacement. English filed a lawsuit against President Trump’s appointment of Mulvaney as acting head of the agency, saying he does not have the authority due to provisions in the Dodd Frank Act that delineate the line of succession. The administration on the...

Good Morning/Afternoon,MEGA RushBackOnlineThisWeekForEIBExcellenceDITTOS!

The self-described acting director of the Consumer Financial Protection Bureau petitioned a federal judge late Sunday to block President Donald J. Trump from putting John M. “Mick” Mulvaney, the director of the Office of Management and Budget in charge of the rogue agency.Richard Cordray named Leandra English as his deputy director Friday, his last day in office, and as such set up the crisis, English seeks to resolve with her petition to the federal courts asking that she be recognized as the acting director until the president has his own selection confirmed by the Senate.“Leandra is a seasoned professional who...

President Donald Trump's appointment of his budget director as interim director of a consumer financial protection agency championed by Democrats was challenged in a lawsuit filed in federal court Sunday night. Leandra English, the federal official elevated to the position of interim director of the Consumer Financial Protection Bureau by its outgoing director, filed the suit against Trump and his choice, White House budget director Mick Mulvaney. The suit in the U.S. District Court for the District of Columbia asked for a declaratory judgment and a temporary restraining order to block Mulvaney from taking over the bureau. English cited the...

A Consumer Financial Protection Bureau official sued President Trump on Sunday over his appointment of Office and Management and Budget director Mick Mulvaney to serve as interim director of the agency.Leandra English filed the lawsuit late Sunday to block Mulvaney from taking over the CFPB, and asked for a declaratory judgment by the United States District Court for the District of Columbia on the matter. The federal official argues that the Dodd-Frank Act, a law championed by Democrats that created the Consumer Financial Protection Bureau, prohibits the White House from naming the director for the agency.  English, who is the...

Replay Mute Loaded: 0%Progress: 0% -0:00 Share Fullscreen The deputy director of the Consumer Financial Protection Bureau (CFPB) on Sunday night sued President Trump in order to block Office of Management and Budget Director Mick Mulvaney from taking over as acting director of the agency. Leandra English, who was tapped by former Director Richard Cordray to be the acting director, filed a complaint in the United States District Court for the District of Columbia against Trump and Mulvaney, whom the president nominated to be CFPB's interim leader. The office of the CFPB’s head council is expected to challenge her suit,...

hat’s this? …MORE winning? …Sheesh. Well, just add it to the pile in the corner over there, along with all the other winning we haven’t got around to yet. he internal legal counsel for the Consumer Financial Protection Bureau (CFPB) has just agreed with the White House Office of Legal Counsel that President Trump has full authority to appoint OMB Director Mick Mulvaney as the acting head of the agency. Oh noes, Princess Moonbat Feathers is gonna have a ‘splodey head in 3…. 2…. 1…

Yes, Please be Patient.. "The Cesspool is NOW being Drained" We finally have a President who isn't afraid to tell the truth. You might ask "What has President Trump accomplished in his first year?" Well, here are just a few of Trumps accomplishments... 1. The cutting of onerous regulations and the gutting of Obama Executive Orders. 2. Pulling out of the Paris climate accord. 3. Exposing the corruption in Congress,and cleanup of the FBI, CIA and IRS agencies. 4. The uncovering of DNC voter fraud. 5. Putting people back to work and establishing work carriers. 6. The defeating of ISIS...

Sen. Rob Portman (R-Ohio) on Sunday said he hopes politicians “won’t play those kind of games” on dueling appointments to head the Consumer Financial Protection Bureau (CFPB). “My hope is, you know, that we won’t play those kind of games," Portman told NBC’s “Meet the Press” when asked about dueling appointments by Cordray and President Trump for interim directors of the independent agency. Portman backed Trump's authority to decide who will lead the agency, which is now without a director. Portman also criticized exiting CFPB director Richard Cordray for trying to "circumvent" the president in appointing a new leader of...

President Trump has slammed the Consumer Financial Protection Bureau as a "total disaster" and rightly objects to a second leftist taking the place of outgoing leftwing director Richard Cordray. The battle is just the tip of the iceberg surrounding this federal agency that shouldn't even be there in the first place. What Trump is battling is an unaccountable agency run by the Democrats and for the Democrats with the aim of funding more Democrats. It's a shakedown racket targeting banks and other moneybags businesses based solely on the size of their assets to harvest from fines. It was never about...

Conceived as a government watchdog with noble aims, the CFPB was doomed by a structure that made it an inherently political agency.

The White House may name an acting director of the Consumer Financial Protection Bureau, the Justice Department said in a memo on Saturday that endorsed an action by the Trump administration. "The President may designate an Acting Director of the CFPB," the eight-page memo said. On Friday, the White House said Mick Mulvaney, President Donald Trump's budget director, would lead the CFPB on an interim basis. The leadership of the independent regulatory agency was thrown into question on Friday when its outgoing director Richard Cordray, a Democrat, named his deputy as his acting replacement until the U.S. Senate confirms a...

Sen. Elizabeth Warren (D-Mass.) savaged President Trump on Saturday for his claim that the Consumer Financial Protection Bureau (CFPB) has crippled financial institutions, claiming that the president would destroy the watchdog agency. In a series of tweets Saturday night, Warren defended CFPB's work, saying that the agency had forced financial institutions to return ill-gotten money to those they wronged and accusing Trump of taking up for powerful banks. [SNIP] Hours later, Trump tapped White House budget chief Mick Mulvaney as the agency's acting director, setting up a showdown at the CFPB. Mulvaney, a conservative former congressman, has been a vocal...

The Director of the Consumer Financial Protection Bureau, Richard Cordray, has resigned. Senator Elizabeth Warren does not want President Trump to appoint an interim replacement. President Trump has announced OMB Director Mick Mulvaney will be the “acting” head of the agency until he nominates a permanent replacement for senate confirmation. Senator Warren wants to take President Trump to court to stop him filling the interim position. The U.S. Dept. of Justice, Office of Legal Counsel (OLC), has provided legal guidance (full pdf outline of opinion below), and decided that President Trump clearly has the authority to appoint the acting Director....

President Trump is picking another fight with the Washington swamp by naming his own man as temporary boss of a federal agency conservatives hate. “The Consumer Financial Protection Bureau, or CFPB, has been a total disaster as run by the previous Administrations pick,” he tweeted Saturday. “Financial Institutions have been devastated and unable to properly serve the public. We will bring it back to life!” the tweet said. Leadership of the bureau — the brainchild of liberal Massachusetts Sen. Elizabeth Warren — was put in play Friday by the resignation of director Richard Cordray. Before he left, Cordray named his...

Richard Cordray, an Obama appointee and head of the Consumer Financial Protection Bureau (CFPB) announced to staff in an email Wednesday his plans to resign. While he’s yet to confirm his plans, there’s speculation Cordray will return home to run for Ohio’s governorship. The CFPB functions as, “a regulator set up in response to the 2008 financial crisis to police mortgages, credit cards and other financial products,” and was the brainchild of Massachusetts Democrat Senator Elizabeth Warren. Unlike other agencies, due to the unique circumstanced through which the CFPB was created (was part of Dodd-Frank in 2010), Cordray answered to...

President Donald Trump on Wednesday signed the repeal of a banking rule that would have allowed consumers to join together to sue their bank or credit card company to resolve financial disputes. The president signed the measure at the White House in private. Journalists were not present to witness the signing.The Republican-led Senate narrowly voted to repeal the Consumer Financial Protection Bureau’s regulation, which the banking industry had been seeking to roll back. The Trump administration and Republicans have pushed to undo regulations they say harm the free market and lead to frivolous lawsuits. …