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Dead Constitution
See other Dead Constitution Articles

Title: Trump administration strips consumer watchdog office of enforcement powers in lending discrimination cases
Source: Washington Post
URL Source: https://www.washingtonpost.com/amph ... 4cee&__twitter_impression=true
Published: Feb 1, 2018
Author: Renae Merle
Post Date: 2018-02-01 18:26:46 by bush_is_a_moonie
Keywords: None
Views: 199
Comments: 4

Fpr all you Trump supporters - What is he going to do next to further damage our country? How many lies did this sick wanna-be-dictator tell in the SOTU?

The Trump administration has stripped enforcement powers from a Consumer Financial Protection Bureau unit responsible for pursuing discrimination cases, part of a broader effort to reshape an agency it criticized as acting too aggressively.

The move to sharply restrict the responsibilities of the Office of Fair Lending and Equal Opportunity comes about two months after President Trump installed his budget chief, Mick Mulvaney, at the head of the bureau. The office previously used its powers to force payouts in several prominent cases, including settlements from lenders it alleged had systematically charged minorities higher interest rates than they had for whites.

That unit now will move inside the office of the director, where staffers will be focused on “advocacy, coordination and education,” according to an email Mulvaney sent them this week. They will no longer have responsibility for enforcement and day-to-day oversight of companies, he wrote.

The reorganization comes as Mulvaney looks to remake the agency into one that shows far more restraint than it did under his Democratic predecessor, Richard Cordray.

More at the link.

Trump is the enemy of our nation and so are those who continue to support the sick Sof of a Bitch.

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Republican Lawmakers Distance Themselves From Trump On Memo

www.washingtonpost.com/po...ry&utm_term=.e61831798393

bush_is_a_moonie  posted on  2018-02-05   0:30:46 ET  Reply   Untrace   Trace   Private Reply  


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