Bureaucrat Asks for $0.00 Funding

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k.d.
Posts: 671
Joined: Wed Sep 20, 2017 12:19 pm

Bureaucrat Asks for $0.00 Funding

#1 Post by k.d. » Fri Jan 19, 2018 12:29 pm

January 19, 2018
CFPB director a new hero on the right
By Rick Moran

The acting director of the Consumer Financial Protection Bureau (CFPB), former congressman Mick Mulvaney, has submitted a budget request that may be a first in the history of government.

The CFPB is an independent agency that receives its funding from the Federal Reserve. The director must submit a budget request to the Fed every quarter. The most recent budget request came from former director Richard Cordray, an Obama appointee. Cordray asked the Fed for $217 million.

But Mulvaney shocked official Washington by making a budget request for zero dollars. That's $0.00 in taxpayer funds.
“Everything government touches turns to crap.”

― Ringo Starr

b.w. richardson
Posts: 92
Joined: Sun Sep 24, 2017 5:40 pm

Re: Bureaucrat Asks for $0.00 Funding

#2 Post by b.w. richardson » Mon Jan 22, 2018 10:16 am

This will be spun as "Trump's consumer financial protection chief doesn't believe in funding consumer protection."

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