President Trump has already been the most conservative president in recent history in regard to his handling of regulations, slashing them at a quicker pace than even President Reagan. Among his priorities is the neutering of the notoriously anti-business Consumer Financial Protection Bureau (CFPB), which has so much power and so little accountability that even The New York Times describes it as having “unusual authority and independence.”
Trump’s plan to “defang” the CFPB has now begun in earnest with the naming of Mick Mulvaney as the bureau’s acting director. Mulvaney’s goal, which he established immediately upon taking the job, is to stop the CFPB’s abuse of its “unusual authority and independence.” But, alas, the “deep state” has formed a #resistance against the new leadership — and that resistance has a name: “Dumbledore’s Army.”
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