Nobody Knows Who's in Charge of the Consumer Financial Protection Bureau

NewsPolitics

Fa la la la la, la la la la!

Here’s all the shit we couldn’t cover today:

  • There is an unusual amount of drama going down at the Consumer Financial Protection Bureau today, an agency created under the Dodd-Frank Act in 2010 to regulate the financial sector. The agency, long hated by Republicans, currently has two Acting Directors—Leandra English, who was appointed by Obama appointee Richard Cordray as acting director when he stepped down, and Mick Mulvaney, Trump’s Budget Director, who has previously referred to the agency as a “joke.” Both referred to themselves as “acting director” today, and English has asked for a temporary restraining order to prevent Trump from appointing a temporary replacement. The judge overseeing that case will be a Trump appointee. [Washington Post]
  • A new CBO analysis shows that the Senate tax plan would add $1.4 trillion to the deficit over the next decade and that poor and middle-class Americans would suffer under the bill, largely due to health care costs. [Washington Post]
  • The Koch brothers have backed a Meredith Corp. deal to purchase Time Inc. [New York Times]
  • There’s a new Republican write-in candidate in the Alabama Senate race. [Washington Post]
  • The Dream Act is running out of time. [McClatchy]

Here are some tweets the president was allowed to publish:

This has been Barf Bag.

 
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