After Consumer Financial Protection Bureau Freezes Data Collecting, Sen. Elizabeth Warren Demands Reversal

A federal court last week again ruled in favor of Mick Mulvaney as the rightful head of the Consumer Financial Protection Bureau, which strengthens his hand on such issues as the recent decision to freeze data collection in light of cybersecurity concerns. But Sen. Elizabeth Warren, D-Mass., who conceived the idea of the consumer agency, which… Please follow and like us:

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Judge denies injunction to remove Mick Mulvaney as consumer bureau’s acting director

A federal judge on Wednesday denied a request for a preliminary injunction to remove Mick Mulvaney as acting director of the Consumer Financial Protection Bureau. The judge sided with Mulvaney — President Donald Trump’s choice for the interim position — over Leandra English, the agency’s deputy director who has said she is the rightful acting director.… Please follow and like us:

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Corp Americas New Way To Steal From You: ARBITRATION – America’s Lawyer

To learn more about this topic, visit AL.Law Via America’s Lawyer: Mike Papantonio discusses, how businesses have been stripping American consumers of their rights with binding arbitration clauses that they tuck into their contracts with attorney, Tim O’ Brien. Transcript of the above video: Mike Papantonio: One of the biggest scams ever collectively pulled off by… Please follow and like us:

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Trump says Wells Fargo won’t escape penalties in mortgage case

WASHINGTON—President Donald Trump Friday denied a report that the federal consumer financial watchdog might drop sanctions against Wells Fargo & Co. for alleged mortgage lending abuses and said the bank could face even tougher penalties. Trump’s response was to a Reuters report that Mick Mulvaney — installed last month as acting director of the independent Consumer… Please follow and like us:

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Koch-Funded Academics Infiltrate The Trump Administration

Things have changed since then-presidential candidate Donald Trump tweeted that the Koch brothers “cannot influence Trump!” in July 2015. Or in November of that year when he tweeted that Charles Koch was “looking for a new puppet” after Scott Walker’s and Jeb Bush’s campaigns failed. Or in February 2016, when Trump repeated his puppet claims in… Please follow and like us:

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Corp Americas New Way To Steal From You: ARBITRATION – America’s Lawyer

To learn more about this topic, visit AL.Law Via America’s Lawyer: Mike Papantonio discusses, how businesses have been stripping American consumers of their rights with binding arbitration clauses that they tuck into their contracts with attorney, Tim O’ Brien. Transcript of the above video: Mike Papantonio: One of the biggest scams ever collectively pulled off by… Please follow and like us:

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Mulvaney already is making his mark on consumer bureau, and still sparring over its leadership

WASHINGTON—Mick Mulvaney is moving quickly to put his stamp on the Consumer Financial Protection Bureau, an agency he has strongly criticized, even as he continues to spar with the deputy director over who is in charge. Mulvaney, the White House budget director whom President Trump appointed to the post Nov. 24, said he had already started… Please follow and like us:

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Mick Mulvaney seeks more Trump appointees to help him ‘refocus’ consumer bureau

Interim Consumer Financial Protection Bureau Director Mick Mulvaney said Thursday that he wants to bring more Trump political appointees on board at the agency as he pores over its books and considers halting dozens of pending cases targeting businesses. “We’re trying to get help over here,” Mr. Mulvaney told The Washington Times in an interview. “It’s… Please follow and like us:

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Repeal Dodd-Frank, eliminate the Consumer Financial Protection Bureau

WASHINGTON, November 29, 2017 – While there is currently a debate about who is actually in charge of the Consumer Financial Protection Bureau (CFPB), maybe this is a good time to talk about eliminating the CFPB entirely. Dodd-Frank and the Consumer Financial Protection Bureau In 2010 Congress passed the Dodd-Frank bill which was designed to reform… Please follow and like us:

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Trump’s pick for ‘watchdog’ agency sets hiring freeze

Mick Mulvaney, director of the Office of Management and Budget and President Trump’s selection for acting director of the Consumer Financial Protection Bureau (Photo: Flickr) WASHINGTON – White House budget director Mick Mulvaney says he has ordered a 30-day suspension on regulations and a hiring freeze at the Consumer Financial Protection Bureau amid a contentious legal… Please follow and like us:

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Trump’s pick would violate consumer bureau independence: Lawsuit

President Trump’s move to put one of his own top lieutenants as the government’s top Wall Street cop would violate the independence of the agency, the man’s competitor for the job said in legal papers filed early Monday morning. Leandra English is trying to cement her position as acting director of the Consumer Financial Protection Bureau… Please follow and like us:

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Koch Lobbyists and Opus Dei — Who’s Dropping in on Trump Budget Czar Mick Mulvaney?

One of President Donald Trump’s top cabinet officials has met with a long list of lobbyists, corporate executives and wealthy people with business interests before the government, according to calendars the Trump administration fought to keep secret. The calendars for Mick Mulvaney, the former South Carolina congressman who now runs the White House Office of Management… Please follow and like us:

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Senate Appropriations Bill Gives SEC More Funds for Tech

The Senate Appropriations Committee’s just-released FY 2018 financial services bill allocates $1.8 billion for the Securities and Exchange Commission, which is equal to the FY2018 budget request and includes $245 million for the SEC’s potential headquarters relocation. SEC Chairman Jay Clayton said in June that the SEC budget request for fiscal 2018 of $1.602 billion is… Please follow and like us:

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Why we need to save the Consumer Financial Protection Bureau

By Jeff Sovern, Professor of Law, St. John’s University, Gina M. Calabrese, Professor of Clinical Education, St. John’s University, and Ann L. Goldweber, Professor of Clinical Education, St. John’s University. Consumer Financial Protection Bureau Director Richard Cordray, center, plans to step down at the end of the month. AP Photo/Steve Helber Republicans in Congress and the… Please follow and like us:

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US Treasury Cites Koch-Funded Research

In a rare instance of one federal agency publicly attacking another, the U.S. Department of the Treasury issued an 18-page report Monday excoriating the Consumer Financial Protection Bureau’s proposed arbitration rule, which would prevent financial institutions from preventing class action lawsuits from customers via consumer contracts. In doing so, the department cited a paper co-authored by… Please follow and like us:

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