BREAKING: Trump SLAMS Obama's Handling Of Consumer Financial Protection Bureau With 1 Epic Statement

  KenBricks
  3 months ago
  431
BREAKING: Trump SLAMS Obama's Handling Of Consumer Financial Protection Bureau With 1 Epic Statement Image

BREAKING: Trump SLAMS Obama's Handling Of Consumer Financial Protection Bureau With 1 Epic Statement



On Saturday, President Trump defended his decision to appoint an acting director for the Consumer Financial Protection Bureau (CFPB) despite the outgoing head naming a temporary successor.

He called the agency a TOTAL DISASTER when it was being run by the Obama Administration. Obama did the exact opposite from a “good job”. He neglected every call to fix it and remained stagnant on the matter.

Now, President Trump decided to call him out on it and the Obama administration’s neglect. He made a statement, heard LOUD and CLEAR that he will go full throttle on this!



"The Consumer Financial Protection Bureau, or CFPB, has been a total disaster as run by the previous Administrations pick," Trump tweeted. "Financial Institutions have been devastated and unable to properly serve the public. We will bring it back to life!"


The Hill Reported:

Trump appointed White House budget chief Mick Mulvaney on Friday to head the bureau just hours prior to the resignation of former director Richard Cordray. The move superseded Corday's hand-selected pick for a temporary successor, Deputy Director Leandra English.

White House officials have called the decision "a typical, routine move" despite criticism from Democrats who have questioned Trump's authority to appoint someone to the independent consumer watchdog.

Senior White House officials insisted Saturday that Trump is legally allowed under the Federal Vacancies Act to appoint an acting director.

Sen. Elizabeth Warren (D-Mass.) cited the Dodd-Frank Act, which authorized the agency's creation, in saying that Trump could only nominate a permanent successor to lead the agency and that English was the rightful temporary director.

This will be another success on the long list of Trump’s legacies. He will make sure to fix this with efficient and prominent management and he will do it as soon as possible. It is time to MAKE AMERICA GREAT AGAIN! Share if you agree!

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