The president is adverse to bloated bureaucracies, but he may need to hire a slew of professional auditors – everywhere where Trump officials look, they find Obama era slush funds stealing tax payer money.
According to The Washington Examiner, the appointment of Trump’s Director of the Office of Management and Budget Mick Mulvaney to take over directorship of the Consumer Financial Protection Bureau, has resulted in the uncovering of another slush fund Obama-era Democrats used for themselves.
Deputy Director Leandra English tried to stop Mulvaney’s appointment, but according to a federal judge that move was legal and thus the doors to a shady entity were opened wide.
Created seven years back by Fauxcahontas Senator Elizabeth Warren, the CFPB was ostensibly founded in the wake of the 2008 Great Recession to use fines paid by financial institutions to compensate victims of ‘Too Big to Fail’ malfeasance and using part of the money to ‘educate’ the public on its mission. Mulvaney has found out that it is the education aspect of the CFPB that harbored the slush fund.
The Democrats’ intention to use the CFPB for illegal purposes has been obvious, when they chartered it in a manner that made it independent from Congressional oversight.
Formerly led by Richard Cordray, the CFPB started drawing suspicion almost immediately from groups like the CEI, who claimed that the FBI’s officials were on record as “writing checks to liberals at a rate of 593 to one Republican, plus $46,611 to Clinton, $13,190 to Warren, and $19,988 to Obama.”
In addition, the CFPB was caught awarding GMMB Inc., a powerful media consulting shop, a $14 million contract that went to producing political ads for Obama and Clinton.
A Mulvaney spokesman has told the following to the Examiner.
“All of it is under strictest review. While we get our arms around it, the director himself is approving payments out of these funds to make sure that they are going to actual victims.”
According to Zero Hedge, the most of the $5 billion in fines it collected over six years has ended up in thr hands of liberal groups and community organizers. Before Mulvaney took over, the bureau REFUSED to give information about where the money was going.
We are waiting for your statement on this scam @SenWarren @SenatorShaheen BUSTED: Elizabeth Warren's CFPB Used Secret "Slush Fund" To Funnel Billions Into Left-Wing Causes @GerryCallahan https://t.co/gwyHuNQXOL…
— BLUE-BALLS ? (@FireFanMVP) December 7, 2017