Today's republican party is nothing more than an anti-democratic, ruthless criminal enterprise
...this is a kick in the face for those of us who watched and cheered as this agency immediately began to make a concrete difference in people's lives.
Citizens for Ethics @CREWcrew 6h6 hours ago
The former CEO of a payday lending company that had been under investigation by the Consumer Financial Protection Bureau has asked to be considered for the top job at the watchdog agency https://apnews.com/8ed9d74512e646ff8449732930323240
(AP) The former CEO of a payday lending company that had been under investigation by the Consumer Financial Protection Bureau has asked to be considered for the top job at the watchdog agency, The Associated Press has learned...
Under Mick Mulvaney, Trumps budget director and acting director of the CFPB, the bureau has taken a decidedly friendlier approach to the financial industry including cutting down on enforcement and dropping investigations or lawsuits against payday lenders and other companies. It has also proposed to revise or rescind many rules put into place by Richard Cordray, the first permanent director of the agency, including some that would have put additional restrictions on payday lenders...
Two days later, Matricciani sent an email to what appears to be Mulvaneys personal email address to pitch herself as a candidate to lead the CFPB. The email was shared exclusively with The Associated Press by Allied Progress, a left-leaning consumer advocacy group, which obtained the document as part of a Freedom of Information Act request.
I would love to apply for the position of director of the CFPB. Who better than me understand the need to treat consumers respectfully and honestly, and the equal need to offer credit to lower income consumers in order to help them manage their daily lives?, Matricciani wrote to Mulvaney. She attached her resume to the email.
She goes so far as to cite the CFPBs investigation into her company as an experience that uniquely qualifies her for the job...
...what are the odds they'll find something for this enterprising criminal to do in this criminal administration?