{"id":32104,"date":"2017-12-06T12:24:24","date_gmt":"2017-12-06T17:24:24","guid":{"rendered":"http:\/\/www.rightwinggranny.com\/?p=32104"},"modified":"2017-12-06T12:24:24","modified_gmt":"2017-12-06T17:24:24","slug":"how-the-consumer-financial-protection-bureau-was-misused-for-political-purposes","status":"publish","type":"post","link":"https:\/\/www.rightwinggranny.com\/?p=32104","title":{"rendered":"How The Consumer Financial Protection Bureau Was Misused For Political Purposes"},"content":{"rendered":"

On Saturday, The New York Post<\/a> posted an article about the impact of President Trump’s drastic cutting of government regulations.<\/p>\n

The article reports:<\/p>\n

Last week, the White House<\/a> finally wrested control of the mammoth regulatory agency following the resignation of CFPB Director Richard Cordray<\/a>, an Obama appointee and liberal Democrat<\/a> who quit his special five-year post early to run for Ohio governor. Trump installed his conservative budget director, Mick Mulvaney<\/a>, to temporarily take over the powerful agency \u2014 which has the authority to determine the \u201cfairness\u201d of virtually every financial transaction in America.<\/strong><\/p>\n

On his first day on the job, Mulvaney instated a 30-day freeze on all new hiring and regulations at the CFPB<\/a>, triggering a collective sigh of relief from the financial industry.<\/strong><\/p>\n

So what sort of activity has the CFPB been involved in?<\/p>\n

The article reports:<\/p>\n