LISTEN TO TLR’S LATEST PODCAST: By Juliegrace Brufke The Senate confirmed President Donald Trump’s nominee to head the Department of the Treasury, Steven Mnuchin, Monday. While the vote was passed largely along party lines, West Virginia Democrat Sen. Joe Manchin joined Republicans in voting in favor of him. Prior to being tapped for the position,…
By Richard Pollock Three of the top four officials at the Consumer Financial Protection Bureau have jumped from CFPB to lucrative posts representing financial services industry firms their former agency regulates, according to a Daily Caller News Foundation investigation. The latest of the departures is Quyen Truong, formerly deputy general counsel, who accepted a position…
By Rachel Stoltzfoos The Senate used money from benefit cuts to military veterans in the 2016 budget to pay for the resettlement of an additional 3,000 Afghan interpreters in the United States. A dispute over a similar pay-for plan is behind the Judiciary Committee’s refusal to expand the program again in the 2017 budget. The Special Immigrant…
President Obama Apparently Wants 2009 All Over Again After the housing bubble of 2009, you’d think many people would learn their lessons that lending money to people with bad credit was a recipe for disaster. On top of that, the government promised to bail out the lenders with taxpayer money should the deal go south, which…