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Re: Trying to roll BACK regulations now that Dodd-Frank enabled after the financial collapse.

By: oldCADuser in FFFT3 | Recommend this post (0)
Tue, 28 Nov 17 12:20 AM | 58 view(s)
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Msg. 38785 of 65535
(This msg. is a reply to 38784 by zzstar)

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Actually it's more complicated than that and it's why Trump is trying to do what he doing.

The Director of the Consumer Protection Bureau is allowed to appoint their own Assistant Director which does NOT require Senate approval, who will be the acting director if the director resigns, until a new director is appointed, which does requires Senate approval.

What Trump want's to do is appoint Mulveny to the post of ASSISTANT Director, who will then be able to act as the Director. Trump has NO intentions whatsoever of appointing a permanent Director because he knows that a Senate confirmation hearing would be a nightmare. So this way he gets to put someone into that job who will dismantle the bureau without any interference from Congress.

This is just anther example of how Trump wants to run the government with as little oversight as possible from Congress and the people. It's also just another example of how Trump has no respect for the Constitution nor for the laws passed by Congress. I suspect that we will see this mentioned again someday as one of the 'articles of impeachment'




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The above is a reply to the following message:
Trying to roll BACK regulations now that Dodd-Frank enabled after the financial collapse.
By: zzstar
in FFFT3
Mon, 27 Nov 17 11:20 PM
Msg. 38784 of 65535

Trump wants to "bring back to life" the bullshit that led to the REPUBLICAN MADE FINANCIAL MELTDOWN, by appointing ILLEGALLY the asshole scheister by the name of Mulvaney to acting head of the Consumer protection bureau.

It is illegal, because the LAW the Congress put in place says that the DIRECTOR appoints his or her successor and no one else.

Now that fker Mulvaney wants Trump to fire the acting director because she filed a lawsuit to restore order and the demands of the law.

This administration is a fascist regime.


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