SWAMP 0zombies, The Levee is going to Break

https://theconservativetreehouse.com...o/#more-142624

Acting CFPB Director Mick Mulvaney Holds Brilliant Press Conference – Video…

OMB Director Mick Mulvaney is covering as ‘Acting Director‘ for the Consumer Financial Protection Bureau (CFPB) until a permanent replacement is nominated by President Trump. As most people are aware the Democrats are apoplectic about their holy grail bureau being under oversight of Mr. Mulvaney, and they have attempted legal maneuvers to stop the Trump administration from authority within the agency.

The Department of Justice, White House Office of Legal Counsel, agreed with President Trump’s authority to appoint an ‘acting director’. The legal counsel within the CFPB also agreed that President Trump was well within his authority to appoint Mulvaney. However, that didn’t stop a bureau employee named Leandra English from filing a weakly positioned lawsuit trying to stop Director Mulvaney.

A federal judge listened to the argument of CFPB employee Ms. English a few hours ago. Judge Tim Kelly did not make an immediate ruling. Instead, the DOJ will file a response to the pleading later tonight and Judge Kelly said he’ll take a look and make a decision from there.

The CFPB is the product of far-left progressives, specifically Elizabeth Warren, initially setting up a financial control agency that operates without congressional oversight. The Bureau construct was challenged in court and ruled ‘unconstitutional’.

“Only one person who today showed up at work claiming to be director.” “She wasn’t here.” “In the ordinary world, if you don’t call, you don’t show, you don’t have a job the next day, but I’m not sure how it works here.”

The CFPB was created to work as a legal money laundering operation for progressive causes by fining financial institutions for conduct the CFPB finds in violation of their rules and regulations; and then using the fines to fund progressive organizations and causes. That’s the real underlying reason why the Democrats are so fraught with anxiety right now.

Elizabeth Warren set up the bureau to operate above any oversight. Additionally, the bureau was placed under spending authority of the federal reserve. The CFPB gets it’s operating budget from the Federal Reserve, not from congress. Again, this was set-up to keep congress from defunding the agency as a way to remove it. Everything about the way the CFPB was structured was done to avoid any oversight. Hence, the court finding the agency held too much power, and deemed the Directors position unconstitutional.

Mick Mulvaney is now in a position to look at the books, look at the prior records within the bureau and expose the political agenda within it to the larger public. That is sending the progressives bananas.

Most likely President Trump will not appoint a replacement until Mulvaney has exposed the corruption within it. That sunlight is toxic to Elizabeth Warren and can potentially be politically destructive to the Democrats. If the secrets within the bureau are revealed, there’s a greater likelihood the bureau will be dissolved.

There are billions of scheme and graft at stake. Within the record-keeping there are more than likely dozens of progressive organizations being financed by the secret enterprise. That’s the risk to the SWAMP.

Pocahontas isn’t happy. Trump sinks another Obama money grab.

Remember. Ole Pocahontas and just about every body in Government just assumed that The Hildabeast was going to be POTUS, and the Lying, despicable, Liberal/Socialist/Progressive/Democrats would be in power for at least another 8 years.

Plenty of time to suck the Fountain dry.

never knew that CFPB was placed & financed under the federal reserve and that it was beyond the reach of oversight by congress.

it definitely reeks of the swamp.

never knew that CFPB was placed & financed under the federal reserve and that it was beyond the reach of oversight by congress.

it definitely reeks of the swamp.



Originally Posted by dilbert firestorm

They can fine anyone they want to. And the money doesn’t go to the consumer, it goes to the Federal Reserve. Another money grab from Obama.

https://www.housingwire.com/articles...espa-violation

https://www.consumerfinance.gov/abou...ized-accounts/

its an odd way to send that money to the Federal Reserve instead to Congress or consumers.

were they laundering money in a roundabout way?

Looks like a Federal Judge agreed with The Trump Administration.

https://www.usatoday.com/story/news/...rea/902173001/

Can you amagine the gall of the bureaucratic bitch who brought this "case" to suite.

"This is OUR agency, we answer to no one".

Well honey, the President "Trumps" all.

never knew that CFPB was placed & financed under the federal reserve and that it was beyond the reach of oversight by congress.

it definitely reeks of the swamp.



Originally Posted by dilbert firestorm

My understanding is that the CFPB is unconstitutional in it;s current form and operation.

"On Tuesday, a Washington, D.C. circuit court found the structure of the CFPB to be unconstitutional. More specifically, the court took issue with the inability for other arms of the government to review or rebuke the Bureau’s judgements or actions and the unilateral power imbued in the CFPB’s director—currently Richard Cordray."

"The court then goes on to proclaim that the director of the CFPB is given more power and autonomy than the speaker of the house, senate majority leader, or even a Supreme Court justice." https://www.theatlantic.com/business...tional/503660/

https://theconservativetreehouse.com...ctor-mulvaney/

The CFPB was essentially created to work as a legal money laundering operation for progressive causes by fining financial institutions for conduct the CFPB finds in violation of their unilateral and arbitrary rules and regulations. The CFPB then use the proceeds from the fines to fund progressive organizations and causes. That’s the underlying reason why the Democrats are fraught with anxiety right now.

TIP.OF.ICEBERG.GLOBALIST'S.!.. .

^^^ Seriously? This bitch think she's Pope? Baahahahahaha.....


Mick Mulvaney Is the True Pope

Once again, naked progressive overreach sets Donald Trump up for a win.

By William McGurn
Nov. 27, 2017 6:38 p.m. ET

Once upon a time, the world had two popes. Today we have two acting directors of the Consumer Financial Protection Bureau.

In 1378, two men each claimed the papacy. One was Urban VI, an Italian who was elected by cardinals in Rome. The other was Clement VII, who was elected by French cardinals and reigned from Avignon—where a succession of French popes had lived for most of that century.

Monday morning, Americans awoke to similar competing claims for who the real acting director of the CFPB is. Mick Mulvaney says he is the true acting director because he was appointed by President Donald Trump. Leandra English, a CFPB executive, says she is the true acting director because former Director Richard Cordray anointed her such on his way out. Unlike the 14th century, when pope and antipope held court in different countries, Mr. Mulvaney and Ms. English are not only in the same city - Washington - but claim the same physical office.

It’s not over. And as so often happens when progressives overreach so publicly, the likeliest winner will be President Trump.

Republicans, of course, have distrusted the CFPB since its inception. Partly the objection is practical, because its creation embodies the classic Beltway approach: rather than fix a broken regulatory system, throw another powerful agency atop the heap.

In this case, however, the objections are also constitutional. Philip Hamburger, a Columbia University law professor and author of “Is Administrative Law Unlawful?,” notes that the lack of democratic accountability almost defines the CFPB.

“This agency is so independent that it does not need congressional funding, and it now has declared itself self-appointing—even in opposition to the president’s appointee,” he says. “The CFPB is thus a reminder of how the administrative state can go to dangerous extremes.”

In this battle over legitimacy, Mr. Mulvaney boasts two impressive credentials. First, he was appointed by the man whom the Constitution gives authority over the executive branch, the president. Second, Mr. Mulvaney is on record as saying he doesn’t “like the fact that the CFPB exists.” If only more heads of more administrative agencies came to their jobs with such a healthy reservation about government power.

All of which gives Mr. Trump and the Republicans an unexpected opening. One perpetual difficulty with advancing regulatory reform is that it’s not a sexy issue, so it’s difficult to drum up public support. But the longer the absurdity at the CFPB goes on, and the more attention it generates, the more the American people will see that the CFPB’s lack of accountability was meant not as a bug but a feature.

On strictly legal terms, Mr. Trump’s hand is strong. A year ago, a three-judge panel of the D.C. Circuit Court of Appealsthrew out provisions that insulated the CFPB director from presidential accountability and said the CFPB would do its job “as an executive agency akin to other executive agencies.” More recently, the Justice Department’s Office of Legal Counsel invoked the Vacancies Reform Act to uphold the president’s right to make this appointment. For good measure, even the CFPB’s own general counsel, Mary McLeod, says Mr. Mulvaney’s appointment by Mr. Trump is legitimate.

With Donald Trump, of course, it’s always possible that someone will find some federal judge somewhere who will allow personal antipathy for the president to get in the way of the law and the Constitution. But the arrogance on display this week by Ms. English & Co. should also invite congressional correction.

Behind the metaphor of “the swamp,” after all, is the idea, not without justification, that today’s Washington is far removed from government of, by and for the people. In this context the CFPB is a good proxy for the beau ideal of modern American progressivism: appointed bureaucrats, unaccountable to the elected representatives of the people, who wield their regulatory authority as a weapon. As if this were not outrageous enough, Ms. English argues the CFPB also has the right to self-perpetuate by the laying of hands on a successor by her predecessor when he leaves.

On Monday Mr. Mulvaney took his place in the director’s office, brought doughnuts for employees and met with senior staff. Meanwhile Ms. English sent an email signed “acting director.” And just as France and Scotland recognized the antipope Clement VII, Sens. Chuck Schumer and Elizabeth Warren say they recognize Ms. English as the CFPB’s true acting director.

In the end, the rebellion at the CFPB is about far more than an acting director. The defiance is a gift to Republicans, giving them a rare political opening to clip the wings of an agency designed to go rogue - while highlighting to the American people what happens when federal power is divorced from democratic accountability.

Anyone really think Mr. Trump loses this one?

https://www.wsj.com/articles/mick-mu...ope-1511825931

Bankers every where are toasting the judge, fucking of the public may begin again.

Bankers every where are toasting the judge, fucking of the public may begin again. Originally Posted by bamscram

The public has been getting fucked. Why do you think Trump won and you lost the bet?