1/ Astonishingly GC memo only addresses whether @POTUS may appoint an acting director, not appointment of @MickMulvaneyOMB.
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Some (harsh) reactions to the @CFPB General Counsel’s memo in this thread: https://assets.documentcloud.org/documents/4310651/McLeod-Memo-CFPB.pdf …
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2/ The first sentence of the first substantive section of Dodd-Frank tit. X established the Bureau as “independent.” 12 USC § 5491(a).
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3/ Congress established
@CFPB as an independent Bureau within Fed to insulate it from political pressure and influence.Pokaż ten wątek -
4/ Independence of
@CFPB Dir. is key to her law enforcement role, review of administrative enforcement appeals, and to the director’s role serving on the FSOC.Pokaż ten wątek -
5/Can anyone recall a cabinet level White House staffer serving simultaneously as the head of an independent agency? This is especially troubling when the President is facing credible allegations obstruction of justice and emolument violations.
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6/ What’s next Jared Kushner as Chairman of the Federal Reserve Board of Governors while continuing to serve as WH Senior Advisor? How about Ivanka for FTC Commissioner while also serving as WH Senior Advisor? Omarosa for FCC?
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