The Consumer Financial Protection Bureau (CFPB) was the brainchild of Senator Elizabeth Warren as an outcome of the Dodd-Frank legislation. With the CFPB Pocahontas tried to set up the head of the agency, the Director, in a manner that that he/she would operate without oversight. Unfortunately, her dictatorial-fiat-design collapsed when challenged in court.  Backstory #1 – Backstory #2
A federal court found the CFPB Director position held too much power and deemed it unconstitutional. The court decision noted that giving the President power to fire the Director would fix the constitutional problem.
However, with the prior court ruling as a backdrop, a second issue for Warren surfaces as an outcome of the current CFPB Director, Richard Cordray, resigning and President Trump appointing an ‘interim’ head for the agency.
Senator Warren, apoplectic at the thought of CFPB critic Mick Mulvaney acting as head of the agency, wants the Deputy Director,  Leandra English, to become Acting Director and points to Warren’s legislative outline as evidence to support her demand. Except it doesn’t…. not even a little bit.

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The language Pocahontas points to in the CFPB construct, points to the Deputy Director filling in during the “absence” or “unavailability” of the Director. The statute clearly does not provide a mechanism when the Director position is “Vacant”.
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LA radio anchor Leeann Tweeden said last week Senator Al Franken had put his tongue in her mouth.  Another woman, Lindsay Menz, said Monday that Franken had squeezed her buttocks in 2010 while posing for a photo.  Two more women alleged in a Huffington Post story published Wednesday that Senator Franken grabbed their butts during campaign events in 2007 and 2008.  Senator Al Franken “responds“:

“I’ve met tens of thousands of people and taken thousands of photographs, often in crowded and chaotic situations. I’m a warm person; I hug people. I’ve learned from recent stories that in some of those encounters, I crossed a line for some women – and I know that any number is too many. Some women have found my greetings or embraces for a hug or photo inappropriate, and I respect their feelings about that.”

“I’ve thought a lot in recent days about how that could happen, and recognize that I need to be much more careful and sensitive in these situations. I feel terribly that I’ve made some women feel badly and for that I am so sorry, and I want to make sure that never happens again. And let me say again to Minnesotans that I’m sorry for putting them through this and I’m committed to regaining their trust.”  ~ Senator Al Franken

Lots of people were wondering why Senator John McCain’s orthopedic boot mysteriously switched from his right leg to his left leg yesterday.

Senator McCain has worn the boot on his right leg since treatment for a minor tear in his right Achilles tendon at the beginning of the month.  He explained the switcheroo in a tweet earlier today:
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Alabama campaign officials who support Roy Moore held a press conference yesterday to outline the reason for their continued support.  Additionally, several officials confronted and deconstructed the accusations.
The audio is a little sketchy in the beginning:

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Go through the archives and you’ll note a strategy unfolding that few, including us, could fully conceptualize when it first appeared.  Way back when candidate Trump first began to put his economic plans into platform outlines the subtle signature was there, but few were paying attention.
In order to reverse three decades of middle-class economic erosion, there were indicators that Trump’s strategy was a radical change in approach.  In essence the strategy was to split the economic policy into two areas and sequence the policy: highly-consumable goods (first) and durable goods (second).
Both product sectors have historically been viewed and approached by economic policy makers using a single financial strategy.  That singular approach gave rise to Wall Street benefiting and Main Street suffering.  Investment-class gained; middle-class suffered.
Trump outlined an approach –albeit vaguely– that was multidimensional.
His policy would first target multinational corporations, using the U.S. Treasury (Mnuchin) to weaken their grip and influence; simultaneously, he would use energy policy to drive down domestic prices in highly-consumable products (fuel, food, energy sector).  These sectors are not measured in fed inflation indexes; however, if lowered, these facets of consumer spending can also increase the amount of disposable income available for workers.
In essence, expand the economy by lowering the aggregate cost of living for the middle-class who live paycheck-to-paycheck.  Use monetary policy, fiscal policy and trade policy), to entice domestic investment and create jobs; and ultimately put upward pressure on wages.
That’s where we are now.
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Everyone is aware how apoplectic the Democrat loonery became when their best laid schemes to put Hillary in the White House ran into the reality of electoral Cold Anger carried by the deplorables.  Lots has been written about the gobsmacked reaction to the election, yet few have outlined the underlying policy reasons for the scope of the panic.
The desperate need for post-election control showcased the lefts’ reaction to fear.  However, it is only by looking at the policy groundwork they lost where a political observer can evaluate the scale of defeat.  Democrats created a continuum pathway that is now entirely controlled by the very nemesis of their controlling belief system.

In a largely under-reported story last week, President Trump installed OMB Director Mick Mulvaney as interim head of the Consumer Financial Protection Bureau, the CFPB.
The CFPB was created to establish power and control over almost every financial transaction in the United States.  But it is only when you review how Elizabeth Warren and the control agents structured the czar head of the CFPB that you recognize the scale of the intent carried within the construct.
When Senator Elizabeth Warren and crew set up the Director of the CFPB, in the aftermath of the Dodd-Frank Act, they made it so that the appointed director can only be fired for cause by the President.
This design was so the Director could operate outside the control of congress and outside the control of the White House.  In essence the CFPB director position was created to work above the reach of any oversight; almost like a tenured position no-one could ever remove.
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Eric Trump appears on Sunday Morning Futures with Maria Bartiromo to review the first year of President Trump’s administration and discuss current events:

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Office of Management and Budget Director Mick Mulvaney appears on CNN today with Jake Tapper to discuss the Tax Reform Bill and the current Senate version.
Tapper has the ‘Media Matters’ talking points cued up; however, unfortunately for Tapper, Mulvaney knows the intricacies and swats the annoying gnatter chat. Actually, in the $30k example provided by Tapper – Mulvaney went easy on him.

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Interestingly, Mick Mulvaney was also appointed to be the interim head of the CFPB this week; which has ramifications for left-wing economic control loons far greater than the tax reform package.  [More on that later.]  OMB Director Mick Mulvaney also appeared on CBS with John Dickerson (below):
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There is a notable intent to talk down the economy amid almost all financial news providers.  However, despite their negative tone the economic reality continues to surpass their Eeyore disposition.
October’s U.S. housing starts jumped +13.7% to 1.29 million units and now begins to catch up with the underlying economic data.
You’ll note CTH discussed how housing would be regionally specific as the larger Main Street MAGAnomic policies were implemented.
Capital expenditures by home builders and home purchasers are the biggest financial decisions for most American workers.
Due to the deliberate factors involved, home purchasing is the largest railroad car in the economic train; it is also positioned in the rear of the economic sequencing.  However, when home building takes off the entire economic train gains momentum.

(Via Reuters) […] The sharp rebound in home construction reported by the Commerce Department on Friday was also driven by robust gains in the Northeast and Midwest regions.
The broad recovery could ease concerns about the housing market, which has been a drag on economic growth since the second quarter. The report added to labor market, manufacturing and retail sales data that have pointed to strong economic momentum as the year winds down.

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TV and Radio personality Laura Ingraham was the first pundit to state that Congress has paid out millions in settlement money for sexual harassment claims within congress. The following day a reporter for The Hill, Reid Wilson, shared a chart showing the annualized payout amounts. We shared the chart from Reid Wilson.
However, the chart is misleading without the accompanying cover letter describing the content. [Original Source Link Here] In reality the claim that congress has paid out millions for “sexual harassment” or “harassment” settlements is entirely FALSE.

Fibber !

Sean Davis co-founder of The Federalist, was the first to spot the fraudulent presentation of data HERE. If you look at the actual letter (full pdf below) from the U.S. Congress, Office of Compliance, you’ll note the following important notation:

…”A large portion of cases originate from employing offices in the legislative branch other than the House of Representatives or the Senate, and involve various statutory provisions incorporated by the CAA, such as the overtime provisions of the Fair Labor Standards Act, the Family and Medical Leave Act, and the Americans with Disabilities Act.”

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