Tag: CFPB

Jim Geraghty of National Review and Greg Corombos of Radio America discuss the fight between left and right over who should head the Consumer Financial Protection Bureau and whether President Trump gets to make that decision and why the Constitution makes this an easy call.  They also shake their heads as House Democratic Leader Nancy Pelosi offers a pathetic and hypocritical defense of longtime Rep. John Conyers, who reached a settlement to end a sexual harassment allegation and has also been accused by other women.  And they respond to the Twitter proclamation of New York Times columnist Charles Blow that he cannot be friends with anyone who supports President Trump.

The Battle of the CFPB

 

While everyone was sleeping off their turkey hangovers on Friday, high drama was going down in DC. That’s when the director of the Consumer Financial Protection Bureau, Richard Cordray, stepped down from his position. On his way out the door, he named CFPB Chief of Staff Leandra English as deputy director, intending that she would be acting director.

President Trump, of course, had other ideas. He named White House Budget Director Mick Mulvaney, a CFPB critic, to be interim director until a replacement is nominated and approved by the Senate.

So who is in charge? Depends who you ask. Democrats say it should be English. The text of the law says that the “deputy director shall be appointed by the director; and serve as acting director in the absence or unavailability of the director.” The Trump administration disagrees. They say the 1998 Federal Vacancies Reform Act gives Trump the power to make temporary appointments to agencies like this.

Member Post

 

Mr. Lowenthal was once very high ranking in the intelligence community.  He is now a professor, of course.  The academic and publishing credentials are very impressive.  And, like  any good leftist, he is incredibly ignorant of anything that belies the chosen beliefs in his little world. On a recent Jeopardy tournament, when Alex Trebek spoke […]

Join Ricochet!

This is a members-only post on Ricochet's Member Feed. Want to read it? Join Ricochet’s community of conservatives and be part of the conversation. Join Ricochet for Free.