Acting CFPB Director Mick Mulvaney Holds Brilliant Press Conference – Video…

Make Sure You Watch The Video:

OMB Director Mick Mulvaney is covering as ‘Acting Director‘ for the Consumer Financial Protection Bureau (CFPB) until a permanent replacement is nominated by President Trump.  As most people are aware the Democrats are apoplectic about their holy grail bureau being under oversight of Mr. Mulvaney.  As evidence of their angst they are supporting legal maneuvers to stop the Trump administration from carrying authority within the agency.
The Department of Justice, White House Office of Legal Counsel (OLC), agreed with President Trump’s authority to appoint an ‘acting director’.  The legal counsel within the CFPB also agreed that President Trump was well within his authority to appoint Mulvaney.   However, that didn’t stop bureau employee Leandra English from filing a weakly positioned lawsuit trying to stop Director Mulvaney.
A federal judge listened to the argument of CFPB employee Ms. English a few hours ago. Judge Tim Kelly did not make an immediate ruling.  Instead, the DOJ will file a response to the pleading later tonight and Judge Kelly said he’ll take a look and make a decision from there.
The CFPB is the product of far-left progressives, specifically Elizabeth Warren, initially setting up a financial control agency that operates without congressional oversight. The Bureau construct was challenged in court and ruled ‘unconstitutional’.  That’s the backdrop for this press conference today with Acting Director Mick Mulvaney.


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“Only one person who today showed up at work claiming to be director.”  “She wasn’t here.”   “In the ordinary world, if you don’t call, you don’t show, you don’t have a job the next day, but I’m not sure how it works here.”

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Mick Mulvaney Goes To Work at CFPB – Leandra English Goes To Meeting W/ Senator Warren and Schumer…

BACKSTORY:

Everything you need to know to understand the Consumer Financial Protection Bureau back-story is contrast against Mick Mulvaney and Leandra English today.   Director Mulvaney goes to the CFPB office to review the CFPB transition guidance, while Leandra English runs to a meeting on capital hill with Senator Chuck Schumer and Senator Elizabeth Warren.
Mr. Mulvaney is focused on the job and tasks at hand. Ms. English is focused on the internal politics within DC. ‘Nuf said.  Pretty obvious where each establishes their priorities.

Last night CFPB employee Leandra English (pictured above) filed a lawsuit to install herself as the acting director of the CFPB.  This action was despite the legal guidance by the department’s own top lawyer Mary McLeod who informed all CFPB employees that President Trump has the legal authority to appoint the interim director of the agency:
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BREAKING: CFPB Legal Counsel Agrees With President Trump on Appointment Authority…

What’s this? …MORE winning?  …Sheesh.  Well, just add it to the pile in the corner over there, along with all the other winning we haven’t got around to yet.
The internal legal counsel for the Consumer Financial Protection Bureau (CFPB) has just agreed with the White House Office of Legal Counsel that President Trump has full authority to appoint OMB Director Mick Mulvaney as the acting head of the agency.
Oh noes, Princess Moonbat Feathers is gonna have a ‘splodey head in 3…. 2…. 1…

WASHINGTON (Reuters) – The top lawyer for the U.S. Consumer Financial Protection Bureau (CFPB) has concluded that President Donald Trump has the authority to name its acting director, three sources familiar with the matter said on Sunday, rejecting an effort by her former boss at the agency to name his immediate successor.
The office of CFPB General Counsel Mary McLeod has prepared a memo concurring with the opinion of the U.S. Justice Department that Trump has the power to appoint his budget chief, Mick Mulvaney, as temporary leader of the federal watchdog agency, according to the sources, who spoke on condition of anonymity.
One source said the memo would be sent to CFPB staff on Monday.

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Alabama Senate Race – Dinesh D'Souza is 100% Correct…

War is ugly.  Political war against the swamp, while accepting their one-sided rules of engagement, is exponential hell.  In order to gain victory, you have to be prepared to advance into the fire at all costs. Andrew Breitbart, Donald Trump and apparently Dinesh D’Souza understand this modern political truth.
In the final analysis this approach is the essential element of ‘Cold Anger’:

The Democrats and UniParty Republicans will cede no ground.  There is only one majority political ideology within Washington DC, and it is based on financial interest. Their rules of engagement are entirely self-serving.  They will fight against any entity, for any reason, on any issue, even reversing their own individual policy positions, if they view that entity as an existential risk to their power structure and decades-long financial constructs.
For those who live within the institutions, nothing is out-of-bounds; therefore, in order to defeat the systemic and institutional rot, we must fight as an insurgent opposition.
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Sunday Talks: Maria Bartiromo Interviews Gordon Chang, Subject: China and North Korea…

CTH has been looking, unsuccessfully, for China SME’s who have insight on the DC lobbying angle by Chinese foreign nationals and the hidden story of how the Trump administration might be confronting that aspect.
Gordon Chang briefly touches on that note during a discussion segment on the overall outcome of President Trump’s 12-day visit to Asia.
Apparently, if Chang’s sources are accurate (likely they are), the notification by POTUS Trump toward Chairman Xi Jinping, of the lobbyist warning did take place [Video 02:25].


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The foreign influence lobbying is a critical element for us domestically in the larger geopolitical strategy.  Chinese nationals pay our congressional representatives millions of dollars to purchase U.S. foreign policy.  CTH is cautiously optimistic this is a key element of Robert Mueller.
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Office of Legal Counsel Determination on Presidential Authority to Appoint Director of CFPB (Full Legal pdf)…

There’s an extensive back story to this issue: Part I, and Part II, and Part III

(President Trump Tweet Link)

The Director of the Consumer Financial Protection Bureau, Richard Cordray, has resigned. Senator Elizabeth Warren does not want President Trump to appoint an interim replacement.  President Trump has announced OMB Director Mick Mulvaney will be the “acting” head of the agency until he nominates a permanent replacement for senate confirmation. Senator Warren wants to take President Trump to court to stop him filling the interim position.
The U.S. Dept. of Justice, Office of Legal Counsel (OLC), has provided legal guidance (full pdf outline of opinion below), and decided that President Trump clearly has the authority to appoint the acting Director.  Senator Elizabeth Warren is going bananas.
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MAGAsnaps – First Key Holiday Shopping Data Shows Almost 18% Increase…

Oh boy,  there’s a particular joy when all the lead-up economic data, that naysayer’s claim is simply outliers, leads to predictions that become reality.  Remember when we shared:

…”Hold on to your economic britches peeps – throw dem ju-ju bones out the windows – grab hold of the young-un’s, squeeze em tight and introduce them to their first opportunity to see capitalism unchained; we are in uncharted MAGA territory now. Q4 will be well beyond 3.2% 3.8%… Well Beyond.”…

Allow me the indulgence of setting the stage.  Last week the New York Fed increased the fourth quarter GDP growth estimates to 3.8%. This followed a prior week when they raised that same estimate to 3.2%.   Obviously, much to their chagrin, the underlying economic data was far surpassing the earlier forecasts of the doom club.  {{{CTH snickered}}}
Now, wait for it,… as we review the preliminary results it is important to remember that Consumer Spending represents two-thirds of U.S. GDP.
OK, you ready?….  You sure?….  Well:
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European Holiday Life With Jihad – New Threats, Weak PC Governments and Terror Barricades Decorated for Christmas…

This image from Sweden speaks so loudly:

Concrete K-Rail Barriers, positioned to stop terrorist attacks by vehicles, dressed up like Christmas decorations around the local holiday markets.  What a ridiculously sad and pathetic visual of everything wrong in Europe.
Amid the anxiety of anticipating the next Jihadist attack, which everyone knows is not if – but rather ‘when’, it would appear joy is somewhat lowered on the scale of relativity.

EUROPE – The Islamic State has issued chilling threat to attack Christmas markets in the Britain, France and Germany in pictures circulated among supporters.

The jihadis have circulated images on messaging apps including one in which a black-clad hooded figure is seen standing over a kneeling Santa Claus with an image of Regent Street in the background.

A message in English, French, and German says ‘Soon on your holidays’ with the clear implication that London can expect a terrorist attack over the holiday season.  (read more)

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Elizabeth Warren Goes Bananas Over CFPB Director Change…

The Consumer Financial Protection Bureau (CFPB) was the brainchild of Senator Elizabeth Warren as an outcome of the Dodd-Frank legislation. With the CFPB Pocahontas tried to set up the head of the agency, the Director, in a manner that that he/she would operate without oversight. Unfortunately, her dictatorial-fiat-design collapsed when challenged in court.  Backstory #1Backstory #2
A federal court found the CFPB Director position held too much power and deemed it unconstitutional. The court decision noted that giving the President power to fire the Director would fix the constitutional problem.
However, with the prior court ruling as a backdrop, a second issue for Warren surfaces as an outcome of the current CFPB Director, Richard Cordray, resigning and President Trump appointing an ‘interim’ head for the agency.
Senator Warren, apoplectic at the thought of CFPB critic Mick Mulvaney acting as head of the agency, wants the Deputy Director,  Leandra English, to become Acting Director and points to Warren’s legislative outline as evidence to support her demand. Except it doesn’t…. not even a little bit.

(WARREN LINK)

The language Pocahontas points to in the CFPB construct, points to the Deputy Director filling in during the “absence” or “unavailability” of the Director. The statute clearly does not provide a mechanism when the Director position is “Vacant”.
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"Interim" -vs- "Acting": White House Officially Announces Mulvaney to Head-Up CFPB…

The White House releases the official announcement that OMB Director Mick Mulvaney will head up the Consumer Financial Protection Board until a replacement is confirmed.  As previously discussednotice the verbiage:


WHITE HOUSE – Today, the President announced that he is designating Director of the Office of Management and Budget (OMB) Mick Mulvaney as Acting Director of the Consumer Financial Protection Bureau (CFPB). The President looks forward to seeing Director Mulvaney take a common sense approach to leading the CFPB’s dedicated staff, an approach that will empower consumers to make their own financial decisions and facilitate investment in our communities. Director Mulvaney will serve as Acting Director until a permanent director is nominated and confirmed.  (link)

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