Tag Archives: Mick Mulvaney

Showdown Looms as Trump, Flouting Dodd-Frank, Says CFPB Hater Mulvaney to Head Agency

Agreeing with outgoing director Cordray, Sen. Elizabeth Warren pushes back against White House, saying Trump “can’t override” Dodd-Frank

By Andrea Germanos, staff writer for CommonDreams. Published 11-25-2017

Trump said Friday that OMB director Mick Mulvaney, seen here in 2013, would serve as acting director of the CFPB. Critics, however, say that’s not lawful, as it should be the individual named by outgoing director Richard Cordray—Leandra English. (Photo: Gage Skidmore/Flickr/cc)

A battle appears to be brewing between the White House and the Consumer Finance Protection Bureau (CFPB), with each having named a different individual to serve as acting director of the agency, and President Donald Trump’s appointment denounced as “legally dubious.”

The showdown gained steam on Friday afternoon when Richard Cordray, who had been leading the CFPB since its inception, tendered his expected resignation, saying he was leaving at the end of the day. Another key event that day was the CFPB naming Leandra English as deputy director of the agency. She had been serving as the agency’s chief of staff. Continue reading

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Defenders of Social Security Mobilize Against GOP Attack on Retirees

On “Valentine’s Day for millionaires,” U.S. Senate confirms safety-net opponent Mick Mulvaney for head of Office of Management and Budget

By Deirdre Fulton, staff writer for Common Dreams. Published 2-16-2017

“Between the end of their payroll taxes for the year, and [Mick] Mulvaney’s…confirmation, Thursday could turn out to be an especially pleasant day for millionaires,” Campaign for America’s Future senior fellow Richard Eskow wrote in an op-ed. (Image: Social Security Works)

On the same day that U.S. millionaires stop paying into Social Security for the rest of the year, President Donald Trump’s pick to head the Office of Management and Budget (OMB)—who wants to slash the safety net program—was confirmed to that post by the U.S. Senate.

Citing his support for cutting Social Security, Medicare, and Medicaid, lawmakers and advocacy groups took to social media on Thursday to denounce Rep. Mick Mulvaney’s (R-S.C.) nomination to head OMB. During his confirmation hearing last month, Sen. Bernie Sanders (I-Vt.) voiced concern that Mulvaney’s views were “way, way out of touch with what President Trump campaigned on.” (Sanders elaborated in a tweet storm highlighting several instances in which the Tea Party Republican went on the record as wanting to slash funding for the programs and raise the retirement age.) Continue reading

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