November 24, 2017
...Before taking on the role of deputy director of the CFPB, Leandra English (click here) had been serving as the agency’s chief of staff. Ms. English has served in number of senior leadership roles at the CFPB, including deputy chief operating officer, acting chief of staff, and deputy chief of staff. In addition to her work at the CFPB, Ms. English served as the principal deputy chief of staff at the Office of Personnel Management, chief of staff and senior advisor to the deputy director for management at the Office of Management and Budget, and as a member of the CFPB implementation team at the Department of the Treasury. Ms. English received her B.A. from New York University and her M.S. from the London School of Economics.
The Dodd-Frank LAW is clear; in the case of the Consumer Protection Bureau, the Deputy Director is to follow in leadership to the leaving of the Director.
House Minority Leader Nancy Pelosi is correct again! She states the Consumer Protection Bureau was drafted as part of the Dodd-Frank LAW to protect the public from ruthless practices of Wall Street. Putting a vicious right wing administrator with no experience in such leadership would put the mission of the bureau into direct conflict with it's purpose.
November 26, 2017
...Sen. Dick Durbin of Illinois, (click here) the No. 2 Democrat in the Senate, said putting Mulvaney in charge was part of an effort to destroy the bureau.
"Wall Street hates it like the devil hates holy water," Durbin said. "And they're trying to put an end to it with ... Mulvaney stepping into Cordray's spot. But the statute is specific, it's clear, and it says that the deputy shall take over."...
Under Republican administrations, Wall Street has gotten very used to being treated as Astor's Pet Bulldog. Well, the law is the law and the USA is a country of laws; looking the other way is corruption plain and simple. The "W" Administration did a considerable amount of looking the other way and the global economic collapse was the result in 2008. The "W" administration was little more than corrupt in every aspect of it's decisions and the Pedophile President Trump is all that much more corrupt with the idea he paid his way to entitlement.
The Consumer Protection Bureau is LAW. Within the law is protections from corruption by Banana Republic Administrations such as that which exists in the Executive Branch today. This bureau is an Executive Branch agency designed to protect the public no different than the FBI or CIA. It seeks out corruption and law breaking, exploitative actions by powerful people and companies and ACTS AGAINST THEM to return economic stability and fairness to the American people.
The law regarding the Consumer Protection Bureau is plain. It has a hierarchy of qualified people to protect Americans. Enough of politicizing every possible shadow of the previous administration. It is childish and idiotic.
