The Consumer Financial Protection Bureau, created in the wake of the 2008 financial crisis, has been remarkably effective at reining in lawless banks. How effective? So much so, that Republicans now target the agency for destruction.
Sen. Bernie Sanders (I-VT) on Sunday accused President Donald Trump of perpetrating a "fraud" on American voters by cozying up to Wall Street bankers instead of keeping his campaign promises.
Donald Trump made clear the type of Americans he's really supporting by promising to gut Dodd/Frank, the agency designed to protect consumers from the evils of Wall street because his pals can't get bank loans.
Populist demands to break up the biggest banks are at times being answered through indirect pressure from regulators.
Elizabeth Warren is "surprised by just how bold and shameless these new attacks" from "American Action Network" are on the Consumer Financial Protection Bureau are. Help fight back.
Fox's Maria Bartiromo and former Bush Sec. of Labor Elaine Chao, conveniently forgot to mention Chao's husband, Mitch McConnell when talking about the slow economic recovery we've had since her former boss almost put us into a depression.
Fox News, Sunday Morning Futures, Sept. 6, 2015. Read more... http://crooksandliars.com/2015/09/fox-allows-elaine-chao-omit-damage-her
CNN, State of the Union, June 7, 2015.
And we're supposed to believe them!
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