On Tuesday of this week the Senate voted, narrowly, to strike down a CFPB banking rule that was set to begin in 2019.  The CFPB (Consumer Financial Protection Bureau), is the watchdog financial agency created by Congress in the aftermath of the mortgage mess.
The CFPB rule, five years in the making, would have allowed individual and class action lawsuits against financial institutions by consumers and lawyers instead of arbitration to settle disputes.  The Democrats and those who supported the rule framed the arguments around protecting consumers from predatory banks. However, those against the rule pointed out the cost to smaller banks, community banks and credit unions.
Big banks and multinational financial enterprises (ie. The Big Club) can afford massive groups of lawyers to defend their interests; smaller community banks and credit unions cannot afford such litigious costs.  The K-Street lobbyists were against the regulatory rule as a natural outcome of their general disposition toward regulation.  However, K-Street was specifically ambivalent to the final senate vote because increased systemic regulation supports their competitive ability to dominate the U.S. financial system.

Richard Condray is the head of the Consumer Financial Protection Bureau and was appointed in 2012 to a five year term by President Obama.  Condray is anticipated to step down soon and run for Ohio governor.  President Trump will appoint his replacement and will likely appoint someone who is focused on protecting consumers but also understands the important need to expand capital investment into Main Street USA.

President Trump’s political opposition will frame any appointee as a person likely to remove regulation; thus will continue their political argument that POTUS Trump is removing all of the regulatory “progress” installed by President Obama. However, those who have followed the goals and objectives of President Trump and Secretary Mnuchin will note the administration regulatory goals are inherently different from all prior approaches.

(more…)

In an effort to keep the Daily Open Thread a little more open topic we are going to start a new daily thread for “Presidential Politics”. Please use this thread to post anything relating to the Donald Trump Administration and Presidency.

This thread will refresh daily and appear above the Open Discussion Thread.

President Trump Twitter @POTUS / Vice President Pence Twitter @VP

Sarah H Sanders Twitter @SHSanders45

Our Father, who art in heaven, hallowed be thy Name. Thy kingdom come. THY WILL BE DONE, on earth as it is in heaven. Give us this day our daily bread. And forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but DELIVER US FROM EVIL.
For Thine is the kingdom and the power and the glory, forever and ever. Amen †

If any more concerning information was needed to add fuel to growing skepticism of the official Mandalay Bay Massacre narrative the latest information is exponentially concerning.
According to border crossing documents provided to Fox News Tucker Carlson, the Mandalay Bay employee, eyewitness and security guard (labeled hero), Jose’ Campos, fled to Mexico immediately after the Las Vegas shooting and resurfaced a week later driving back through the San Diego crossing.

.
Why officials would allow Campos to leave the country immediately after the shooting only leads to further speculation about the official story, his attachment to a manufactured narrative and his immigration status.
(more…)

Earlier tonight Fox Business News host Lou Dobbs aired an exclusive interview with President Trump.  The content of the interview is exceptionally broad and wide ranging on all the pertinent issues currently occupying headlines.  WATCH:

(more…)

Amid all the sketchiness of the Mandalay Bay Massacre, and the weird disappearance of anything related to the worst mass shooting in U.S. history, a new report outlines that Stephen Paddock’s hotel room laptop was missing the hard drive.
Additionally, the shooter’s brother, Bruce Paddock (59), was arrested early Wednesday for possession of child pornography, Los Angeles police said in a news release. He is being held on $60,000 bail.

(Via AP) A laptop computer recovered from the Las Vegas hotel room where Stephen Paddock launched the deadliest mass shooting in U.S. history was missing its hard drive, depriving investigators of a potential key source of information on why he killed and maimed so many people, ABC News has learned.

Paddock is believed to have removed the hard drive before fatally shooting himself, and the missing device has not yet been recovered, sources told ABC News.

(more…)

President Trump arrives in Dallas, Texas, to get a briefing on ongoing hurricane recovery efforts and attend two republican party functions.  After an initial greeting by Texas Governor Greg Abbott, POTUS Trump goes to meet the crowd.
A very enthusiastic group of Gen-Zer’s greets President Trump with a sign: “We Played Hooky to High-Five Our President“. Of course POTUS Trump couldn’t resist:

.
The President arrived in Dallas, TX, (3:10pm) for a briefing on hurricane recovery efforts (3:30pm – Video Below). The President then participated in a roundtable with Republican National Committee (RNC) supporters (4:30pm). In the evening, the President will give remarks at a Dallas Trump victory reception (5:20pm). The President will then depart Dallas (6:25pm), TX for Washington D.C., en route to the White House (10pm).
(more…)

United States U.N. Ambassador Nikki Haley was in South Sudan to convey the message the U.S. was unhappy with Sudanese President Salva Kiir and the ongoing civil war.

JUBA, South Sudan (AP) — The U.S. ambassador to the United Nations, Nikki Haley, was evacuated from a U.N. camp for displaced people in South Sudan on Wednesday because of a demonstration against President Salva Kiir, witnesses said.
Shortly after Haley left the camp, U.N. security guards fired tear gas to disperse the crowd of more than 100 residents who looted and destroyed the office of a charity operating there, an aid worker at the camp said. The aid worker spoke on condition of anonymity out of safety fears.

(more…)

There is a tremendous amount of obfuscation coming from democrats after the revelation that Hillary Clinton and the DNC paid Fusion GPS to contract Christoper Steele to create the now infamous “Dossier”.  One of the most significant falsehoods is that the dossier origins began with an unknown GOP entity within the primary.  This narrative is entirely false.
The “Russian Dossier” did not begin assembly until after it was commissioned by Hillary Clinton and the DNC (June 2016).  Prior to that Fusion GPS was simply doing opposition research on behalf of a Trump opponent (stopped April 2016).

We likely know, with great confidence, exactly who that 2016 originating Trump opponent was. Thanks to: the timing, the originating entities, the associations and the player networks behind the 2015 GOP road map splitter strategy.  I’ll get to that aspect later.
First it’s important to frame a correct baseline.  Fusion GPS was doing commissioned opposition research.  AFTER April 2016, the Clinton Campaign and DNC then began financing Fusion GPS to create the “Russian Dossier”.  Christopher Steele began in June 2016 – The “Russian dossier” did not start assembly until commissioned by Clinton and the DNC.  This distinction is important.

(Via WaPo) … [Marc E.] Elias and his law firm, Perkins Coie, retained the firm [GPS Fusion] in April 2016 on behalf of the Clinton campaign and the DNC. Before that agreement, Fusion GPS’s research into Trump was funded by a still unknown Republican client during the GOP primary.
The Clinton campaign and the DNC, through the law firm, continued to fund Fusion GPS’s research through the end of October 2016, days before Election Day.

It should be noted that the New York Times had this story (the DNC/Clinton’s funding the dossier) a year prior and did not report on it because the DNC attorney, Marc E. Elias, outright denied it.
(more…)

President Donald Trump holds an impromptu press conference with the WH pool as he departs the White House for Joint Base Andrews, en route to Dallas, TX. President Trump addresses the fake Russia dossier created by Hillary and the Democrats, Jeff Flake & more.  WATCH:
UPDATE VIDEO with better audio:

.
After the President arrives in Dallas, TX, (3:10pm) he will receive a briefing on hurricane recovery efforts 3:30pm). The President will then participate in a roundtable with Republican National Committee (RNC) supporters (4:30pm). In the evening, the President will give remarks at a Dallas Trump victory reception (5:20pm). The President will then depart Dallas (6:25pm), TX for Washington D.C., en route to the White House (10pm).
(more…)