You’ve heard it said that the Trump administration “thrives” on chaos, that it cannot execute simple transitions without all hell breaking loose.
Consider the latest stumble-bum example from Donald John Trump’s presidential team.
Richard Corddray resigned as head of the Consumer Financial Protection Bureau; President Barack Obama appointed him to lead the agency created in 2010 in the wake of the 2008-09 financial crisis. The law allows Corddray to appoint his successor, which he did when he named deputy director Leandra English to lead the agency.
Oh, no. You can’t do that, said Donald John “Smart Person” Trump, who then named Budget Director Mick Mulvaney as the interim head of he CFPB. Trump then instructed the agency to ignore any directives coming from English and act only on those coming from Mulvaney.
Hey, there’s a bit more. English has filed a lawsuit preventing Mulvaney from taking over.
The CFPB has been a Republican bogeyman ever since it was founded. The GOP contends it puts too many restrictions on banks.
From my standpoint — and acknowledging my own bias — this has the smell of yet another attempt to overturn an Obama-era agency reform. If the former president did it, the agency is a “disaster,” according to Trump, who attaches that term to any agency or program created by his predecessor that he wants to gut.
Trump tweeted this: The Consumer Financial Protection Bureau, or CFPB, has been a total disaster as run by the previous Administrations pick. Financial Institutions have been devastated and unable to properly serve the public. We will bring it back to life!
My actual point, though, is that we are witnessing yet another clumsy, cumbersome cluster-fudge that illustrates once again — as if we need any reminders — that the Trump administration cannot do a single thing without making a total hash out of it.
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