Newsmax.com
By
James Morley III | Thursday, 06 March 2025 04:15 PM EST
https://www.newsmax.com/newsfront/cfpb-russ-vought-mark-paoletta/2025/03/06/id/1201756/
The
Consumer Financial Protection Bureau (CFPB) has allowed some
of the agency's offices to return to operation while the Trump administration
faces a lawsuit over the closing of the consumer watchdog group, the Hill
reported Thursday.
CFPB chief
legal officer Mark Paoletta sent employees an email on Sunday,
saying they should perform statutorily required work, according to
emails filed in court Tuesday.
"These
measures were intended to ensure that new leadership could establish
operational control over the agency while ensuring that it would continue to
fulfill its statutory duties," Paoletta wrote. "Many
of you understood this and continued to perform functions required by law and
sought approval from me to perform work, which I have promptly granted.
"It
has come to my attention, however, that some employees have not been performing
statutorily required work. Let me be clear: Employees should be performing work
that is required by law and do not need to seek prior approval to do
so."
Paoletta
was responding to the confusion caused last month when CFPB Acting Director
Russ Vought filed a motion
clarifying the abrupt closure of the agency. Confusion then reined as to
whether employees could respond to emails, attend meetings and perform other
functions.
An
email from the associate director of the Office of Fair Lending inquired if
employees were able to still do their statutory functions like supporting fair
lending examinations and enforcement activity and completing a report for
Congress.
Vought's
motion was in response to the CFPB's union which has sued the administration
after Vought closed the agency's Washington headquarters earlier in February,
telling employees not to come into the office and to "not perform any work
tasks."
After the
lawsuit, employees protested outside of the D.C. headquarters claiming Vought's
action were part of "a coordinated campaign by the new administration to
eliminate the CFPB." In court filings last week employees said
officials told them the administration plans to "wind down" the
agency and eliminate all but five employees.
The
CFPB was first conceived by Sen. Elizabeth Warren, D-Mass., after
the financial crisis of 2008. It was established in 2010 as part of the Federal
Reserve System.
While advocates say it plays an important role in protecting consumers, critics
argue it has overstepped its authority.
The
Senate Banking Committee on Thursday approved Jonathan McKernan's
nomination to be director of the Consumer Financial Protection Bureau. McKernan
was confirmed along party lines 13-11 with all Democrats voting against him.
Connecting
the Dots:
Consumer
Financial Protection Bureau (CFPB) is a bureau for the Federal
Reserve System.
Hollister K.
Petraeus helped establish the Consumer Financial Protection
Bureau and is married to David H. Petraeus.
David H. Petraeus is
married to Hollister K. Petraeus and the KKR Global Institute
chairman for KKR & Co. LP.
David M. Cote is
a senior adviser for KKR & Co. LP, a director at the Federal
Reserve Bank of New York and a member of the National Commission on
Fiscal Responsibility and Reform.
Jeb Hensarling is
a member of the National Commission on Fiscal Responsibility and Reform
and a member of the House Financial Services Committee.
Maxine Waters is
a member of the House Financial Services Committee and a member of
the Congressional Progressive Caucus.
Xavier Becerra is
a member of the Congressional Progressive Caucus and a member of
the National Commission on Fiscal Responsibility and Reform.
National
Commission on Fiscal Responsibility and Reform is a paid for staff by
the Economic Policy Institute.
Committee for a Responsible Federal Budget is a paid for staff by
the National Commission on Fiscal Responsibility and Reform and was
housed at the New America Foundation.
Foundation to Promote Open Society was a funder for
the Economic Policy Institute, the New America Foundation
and the Brookings Institution (think tank).
George Soros was the chairman for
the Foundation to Promote Open Society.
Donald L. Kohn is
a senior fellow at the Brookings Institution (think tank) and was
the vice chairman for the Federal Reserve Board.
Alice M. Rivlin is
a senior fellow at the Brookings Institution (think tank) and was
the vice chair for the Federal Reserve Board.
Richard C. Blum was
an honorary trustee at the Brookings Institution (think tank),
married to Senator Dianne Feinstein and an Economic Advisory
Council member for the Federal Reserve Bank of San Francisco.
Louis W. Cabot is
an honorary trustee at the Brookings Institution (think tank) and
was a director at the Federal Reserve Bank of Boston.
Susan M. Collins is
a non-resident senior fellow at the Brookings Institution (think tank)
and a director, Detroit branch for the Federal Reserve Bank of Chicago.
Glenn H. Hutchins is
a trustee at the Brookings Institution (think tank) and a director
at the Federal Reserve Bank of New York.
John C. Whitehead is
an honorary trustee at the Brookings Institution (think tank), an
overseer at the International Rescue Committee and was the chairman
for the Federal Reserve Bank of New York.
Foundation to Promote Open Society was a funder for
the Brookings Institution (think tank) and the International
Rescue Committee.
George Soros was the chairman
for the Foundation to Promote Open Society.
Indra K. Nooyi is an overseer at the International Rescue
Committee and was a director at the Federal Reserve Bank of New
York.
Timothy F.
Geithner was an overseer at the International Rescue Committee,
the treasury secretary for the Barack Obama administration, and the
president for the Federal Reserve Bank of New York.
Maurice R.
Greenberg is an overseer at the International Rescue Committee,
the chairman for the Federal Reserve Bank of New York, and a
benefactor for the Harlem Children's Zone.
Richard S. Fuld
Jr. was a director at the Federal Reserve Bank of New York,
a benefactor for the Harlem Children's Zone and a director at
the Robin Hood Foundation.
Michael R.
Bloomberg is the founder of the Bloomberg Family Foundation,
was a benefactor for the Harlem Children's Zone, a donor for
the Robin Hood Foundation, is the founder of the Bloomberg
Family Foundation and Emma Bloomberg’s father.
George Soros was a benefactor
for the Harlem Children's Zone and the chairman for the Foundation
to Promote Open Society.
Foundation to Promote Open Society was a funder
for the Harlem Children's Zone and the Robin Hood
Foundation.
Jeffrey R. Immelt is
a director at the Robin Hood Foundation and was a director at
the Federal Reserve Bank of New York.
Emma Bloomberg was
the chief of staff for the Robin Hood Foundation, is a director at
the Robin Hood Foundation, Michael R. Bloomberg’s daughter
and a director at the Bloomberg Family Foundation.
Bloomberg
Family Foundation was a funder for the Aspen Institute
(think tank).
Walter Isaacson was
a director at the Bloomberg Family Foundation, the chairman &
CEO for CNN and the president & CEO for the Aspen
Institute (think tank).
Foundation to Promote Open Society was a funder for
the Aspen Institute (think tank).
George Soros was the chairman
for the Foundation to Promote Open Society.
Stephen Friedman is
a trustee at the Aspen Institute (think tank) and was the chairman
for the Federal Reserve Bank of New York.
Paul A. Volcker was
a lifetime trustee at the Aspen Institute
(think tank), the chairman for the Federal Reserve System
and the president for the Federal Reserve Bank of New York.
Foundation to Promote Open Society was a funder for
the Aspen Institute (think tank) and the Center for American
Progress.
George Soros was the chairman
for the Foundation to Promote Open Society, was a supporter for
the Center for American Progress and is the founder & chairman
for the Open Society Foundations.
Open Society Foundations was a funder for
the Center for American Progress.
Center
for American Progress calls for heightened “Gun Safety, Gun
Control” for guns.
Ganesh Sitaraman
is a senior fellow at the Center for American Progress and was Senator
Elizabeth Warren’s senior counsel.
Daniel K. Tarullo was
a senior fellow at the Center for American Progress, is a member of
the Federal Open Market Committee and a member of the Federal
Reserve Board.
Madeleine K.
Albright was a director at the Center for American Progress,
the president of the Center for National Policy and an
advisory board member for the Truman National Security Project.
Senator Tammy Duckworth is
an advisory board member for the Center for National Policy and an
advisory board member at the Truman National Security Project.
Gabrielle
Giffords is an advisory board member at the Center for
National Policy, an advisory board member for the Truman
National Security Project, married to Senator Mark E.
Kelly and a co-founder for the Americans for Responsible
Solutions.
Senator Mark E. Kelly is
married to Gabrielle Giffords and co-founder for the Americans
for Responsible Solutions
Americans
for Responsible Solutions is a “Gun Safety, Gun Control”
PAC for guns.
Everytown
for Gun Safety is a “Gun Safety, Gun Control” group
for guns.
Independence
USA PAC is a “Gun Safety, Gun Control” PAC
for guns.
Mayors
Against Illegal Guns is a “Gun Safety, Gun Control”
group for guns.
Michael R.
Bloomberg was a contributor for the Americans for Responsible
Solutions, a donor for the Robin Hood Foundation, a benefactor
for the Harlem Children's Zone, an advocate for the ONE
Campaign, is the founder of Everytown for Gun Safety, the
founder of the Independence USA PAC, a co-chair for the Mayors
Against Illegal Guns, the founder of the Bloomberg Family
Foundation and Emma Bloomberg’s father.
Michelle Obama was
an advocate for the ONE Campaign.
ONE Campaign is
a partner with the International Rescue Committee.
Foundation to Promote Open Society was a funder for the International Rescue
Committee.
George Soros was the chairman
for the Foundation to Promote Open Society.
Indra K. Nooyi is an overseer at the International Rescue
Committee and was a director at the Federal Reserve Bank of New
York.
Timothy F.
Geithner was an overseer at the International Rescue Committee,
the treasury secretary for the Barack Obama administration, and the
president for the Federal Reserve Bank of New York.
Foundation to Promote Open Society was a funder for the International
Rescue Committee and the Brookings Institution (think tank).
George Soros was the chairman
for the Foundation to Promote Open Society.
Donald L. Kohn is
a senior fellow at the Brookings Institution (think tank) and was
the vice chairman for the Federal Reserve Board.
Alice M. Rivlin is
a senior fellow at the Brookings Institution (think tank) and was
the vice chair for the Federal Reserve Board.
Vernon E. Jordan
Jr. is an honorary trustee at the Brookings Institution (think
tank), Valerie B. Jarrett’s great uncle and a senior counsel
for Akin, Gump, Strauss, Hauer & Feld, LLP.
Akin,
Gump, Strauss, Hauer & Feld, LLP is the lobby firm for KKR
& Co. LP.
Kenneth B. Mehlman was
a partner at Akin, Gump, Strauss, Hauer & Feld, LLP and is a
managing director for KKR & Co. LP.
David H. Petraeus is
the KKR Global Institute chairman for KKR & Co. LP and married
to Hollister K. Petraeus.
Hollister K.
Petraeus is married to David H. Petraeus and helped
establish the Consumer Financial Protection Bureau (CFPB).
Consumer
Financial Protection Bureau is a bureau for the Federal
Reserve System.
Federal
Reserve Bank of Chicago is a bank in the Federal Reserve
System.
Gregory Q. Brown is
a director at the Federal Reserve Bank of Chicago and a member of
the Commercial Club of Chicago.
Valerie B. Jarrett was
a board member for the Federal Reserve Bank of Chicago, is a member
of the Commercial Club of Chicago, the senior adviser for the Barack
Obama administration and Valerie B. Jarrett’s great uncle.
William M. Daley is
a member of the Commercial Club of Chicago and was the chief of
staff for the Barack Obama administration.
Newton N. Minow is
a member of the Commercial Club of Chicago and a senior counsel
at Sidley Austin LLP.
R. Eden Martin is
the president of the Commercial Club of Chicago and counsel
at Sidley Austin LLP.
Michelle Obama was
a lawyer at Sidley Austin LLP.
Barack Obama was
an intern at Sidley Austin LLP, the president of the Barack
Obama administration and Obamacare is his signature policy
initiative.
CGI Group Inc. was
the Obamacare contractor that developed Healthcare.gov
web site.
Donna S. Morea was
the EVP for the CGI Group Inc. and a trustee at the Committee
for Economic Development.
Foundation to Promote Open Society was a funder
for the Committee for Economic Development.
George Soros is the chairman
for the Foundation to Promote Open Society.
Carl T. Camden is a trustee at the Committee for Economic
Development and a director, Detroit branch for the Federal Reserve
Bank of Chicago.
Jeffrey A. Joerres is
a trustee at the Committee for Economic Development and a director
at the Federal Reserve Bank of Chicago.
James E. Rohr is
a trustee at the Committee for Economic Development, a member of
the Federal Advisory Council to the Federal Reserve Board and was a
director – Cleveland for the Federal Reserve Bank of Cleveland.
Lee C. Bollinger is
a trustee at the Committee for Economic Development and was the
chairman for the Federal Reserve Bank of New York.
William J.
McDonough is a trustee at the Committee for Economic
Development and was the president & CEO for the Federal Reserve
Bank of New York.
Peter G. Peterson is
a trustee at the Committee for Economic Development and was the
chairman for the Federal Reserve Bank of New York.
John E. Sexton is
a trustee at the Committee for Economic Development, was the
chairman for the Federal Reserve Bank of New York and the chair
Council of Chairs for the Federal Reserve System.
Roger W.
Ferguson Jr. is a co-chairman for the Committee for Economic
Development and was the vice chairman for the Federal Reserve Board.
Barbara B. Grogan is
a trustee at the Committee for Economic Development and was the
chair - Denver branch for the Federal Reserve Bank of Kansas City.
Foundation to Promote Open Society was a funder for
the Committee for Economic Development and the Brookings
Institution (think tank).
George Soros is the chairman for the Foundation
to Promote Open Society.
Vernon E. Jordan
Jr. is an honorary trustee at the Brookings Institution (think
tank) and was the president of the Economic Club of Washington.
David M.
Rubenstein is co-chairman for the Brookings Institution (think
tank) the president of the Economic Club of Washington, a
co-founder & co-CEO for the Carlyle Group and Joe
Biden spent Thanksgiving with him.
Edward J. Mathias is
a director at the Economic Club of Washington and a managing
director at the Carlyle Group.
Jerome H. Powell (Jay) was
a partner at the Carlyle Group and is the Chairman for the Federal
Reserve.
Consumer
Financial Protection Bureau (CFPB) is a bureau for the Federal
Reserve System.
Hollister K.
Petraeus helped establish the Consumer Financial Protection
Bureau (CFPB) and is married to David H. Petraeus.
Senator
Elizabeth Warren served as chair of
the Congressional Oversight Panel of
the Troubled Asset Relief Program, and
proposed and established the Consumer Financial Protection Bureau
(CFPB), for which she served as the first special advisor under
President Barack Obama and Ganesh Sitaraman was
her senior counsel.
Ganesh Sitaraman was Senator
Elizabeth Warren’s senior counsel and is a senior fellow at
the Center for American Progress.
Center
for American Progress calls for heightened “Gun Safety, Gun
Control” for guns.
Foundation to Promote Open Society was a funder for Center
for American Progress.
George Soros was the chairman
for the Foundation to Promote Open Society, was a supporter for
the Center for American Progress and is the founder & chairman
for the Open Society Foundations.
Open Society Foundations was a funder
for the Center for American Progress.
Daniel K. Tarullo was
a senior fellow at the Center for American Progress, is a member of
the Federal Open Market Committee and a member of the Federal
Reserve Board.
Madeleine K.
Albright was a director at the Center for American Progress,
the president of the Center for National Policy and an
advisory board member for the Truman National Security Project.
Senator Tammy Duckworth is
an advisory board member for the Center for National Policy and an
advisory board member at the Truman National Security Project.
R. Hunter Biden is
a director at the Truman National Security Project, a director at
the Center for National Policy, and Joseph R. Biden Jr’s son.
Kamala D. Harris is
an advisory board member for the Truman National Security Project an
advisory board member for the Center for National Policy and
vice president of the Joseph R. Biden Jr administration.
William J. Perry is
an advisory board member for the Truman National Security Project,
an advisory board member for the Center for National Policy and
a director at the Nuclear Threat Initiative (think tank).
Carnegie
Endowment for International Peace (think tank) was a
funder for the Nuclear Threat Initiative (think tank).
Foundation to Promote Open Society was a funder for
the Carnegie
Endowment for International Peace (think tank).
George Soros is the chairman
for the Foundation to Promote Open Society.
Richard A. Debs was
a trustee at the Carnegie Endowment for International Peace (think
tank), the COO for the Federal Reserve Bank of New York and was
Anwar Sadat’s pro-bono financial adviser.
Anwar Sadat’s pro-bono
financial adviser was Richard A. Debs and was the president of Egypt.
Mohamed Morsi was
the president of Egypt and is the leader for the Muslim
Brotherhood.
Hamas is a spinoff
organization of the Muslim Brotherhood.
Sayyid Qutb is a
member of the Muslim Brotherhood and a student & later, lawyer
was Mahfouz Azzam.
Mahfouz Azzam was Sayyid
Qutb’s student & later, lawyer and is Ayman al-Zawahiri’s uncle.
Ayman
al-Zawahiri is Mahfouz Azzam’s uncle, was Osama Bin
Laden’s adviser & doctor, is the founder of the Egyptian
Islamic Jihad and the leader of Al-Qaeda.
Al-Qaeda claimed
responsibility for the 9-11 terrorist attacks.
Osama Bin Laden
was the founder of Al-Qaeda and Salim Ahmed Hamdan was his alleged
driver.
Salim Ahmed
Hamdan was Osama Bin Laden’s alleged driver and a Perkins
Coie client.
Peter M. Rouse is
a senior policy adviser for Perkins Coie, was
the acting chief of staff & counselor for the Barack Obama
administration and Barack Obama’s Senate chief of staff.
Robert F. Bauer is
a partner at Perkins Coie, married to Anita B. Dunn, was the
White House counsel for the Barack Obama administration and Barack
Obama’s personal counsel.
Anita B. Dunn is
married to Robert F. Bauer, was the communications director
for the Barack Obama administration and William W. Bradley’s chief
of staff.
William W. Bradley’s
chief of staff was Anita B. Dunn and is a trustee at the Carnegie
Endowment for International Peace (think tank).
Richard A. Debs was
a trustee at the Carnegie Endowment for International Peace (think
tank), the COO for the Federal Reserve Bank of New York and was
Anwar Sadat’s pro-bono financial adviser.
Foundation to Promote Open Society was a funder for the Carnegie
Endowment for International Peace (think tank).
George Soros is the chairman for the Foundation
to Promote Open Society.
Chas. W. Freeman
Jr. is a trustee at the Carnegie Endowment for International
Peace (think tank), was the president of the Middle East Policy
Council, a U.S. ambassador for Saudi Arabia and the National
Intelligence Council chairman nominee for the Barack Obama
administration.
Abdallah
Bin Abd Al-Aziz Al Saud was a benefactor for the Middle East
Policy Council and the king of Saudi Arabia.
Saudi Arabia was
a funder for the Bill, Hillary & Chelsea Clinton Foundation.
Turki bin
Faisal Al Saud is a prince of Saudi Arabia, was William
J. Clinton’s classmate at Georgetown and a funder for the Bill,
Hillary & Chelsea Clinton Foundation.
Turki bin
Faisal Al Saud is a prince of Saudi Arabia, was an
intelligence chief for Saudi Arabia and a funder for the Bill,
Hillary & Chelsea Clinton Foundation.
Friends
of Saudi Arabia was a funder for the Bill, Hillary &
Chelsea Clinton Foundation.
Open Society Foundations was a funder for
the Bill, Hillary & Chelsea Clinton Foundation.
George Soros is the founder
& chairman for the Open Society Foundations and a member of
the Breakthrough Energy Coalition.
Alwaleed bin
Talal is a member of the Breakthrough Energy Coalition,
and a prince of Saudi Arabia.
Mark Zuckerberg is
a member of the Breakthrough Energy Coalition and a co-founder
& chairman & CEO for Facebook (Meta).
L. John Doerr is
a member of the Breakthrough Energy Coalition and was a director at
the Amazon.com, Inc.
Jeffrey P. Bezos is
a member of the Breakthrough Energy Coalition and the chairman
& president & CEO for Amazon.com, Inc.
Resources:
Past Research
Smaller
Bites – Senator Elizabeth Warren (Connecting the Dots: Senator Elizabeth
Warren, Senator Tammy Duckworth, Senator Mark Kelly & Soros, All
Networking) (Past Research on Senator Elizabeth
Warren)
Friday,
October 28, 2022
https://thesteadydrip.blogspot.com/2022/10/smaller-bites-senator-elizabeth-warren.html
Mass
Shooting Outside Las Vegas’ Mandalay Bay; 50+ Dead, 406 Sent to Hospital (Past Research on Michael R. Bloomberg & Gun Control)
Monday,
October 2, 2017
https://thesteadydrip.blogspot.com/2017/10/mass-shooting-outside-las-vegas.html
Jeb
Bush: Michael Bloomberg A ‘Good Man’ And A ’Patriot’ (Past
Research on the Bloomberg Family Foundation)
Sunday,
January 24, 2016
https://thesteadydrip.blogspot.com/2016/01/jeb-bush-michael-bloomberg-good-man-and.html
100
Years of Government Theft (Past Research on Paul A.
Volcker & Federal Reserve System)
Monday,
December 23, 2013
https://thesteadydrip.blogspot.com/2013/12/100-years-of-government-theft.html
Agency
tasked with investigating discrimination accused of discrimination (Past Research on Consumer Financial Protection Bureau
(CFPB) & Akin, Gump, Strauss, Hauer & Feld, LLP)
Thursday,
April 3, 2014
https://thesteadydrip.blogspot.com/2014/04/agency-tasked-with-investigating.html
UPDATED:
Report: Trump to Pardon Ex-Illinois Gov. Blagojevich (Connecting the Dots:
Federal Bureau of Prisons, Corrections Corporation of America, Akin, Gump,
Strauss, Hauer & Feld, LLP, Skadden, Arps, Slate, Meagher & Flom LLP,
David F. Hamilton, 7th U.S. Circuit Court of Appeals, The Smithsonian
Institution, The U.S. Supreme Court & Soros Funding, All Networking) (Past Research on Vernon Jordan Jr.)
Tuesday,
February 11, 2025
https://thesteadydrip.blogspot.com/search?q=Akin%2C+Gump%2C+Strauss%2C+Hauer+%26+Feld%2C+LLP
‘I
Had Nothing to Do With That!’ Obama Dodges Blame For Skyrocketing Premiums (Past Research on Obamacare)
Friday,
October 21, 2016
https://thesteadydrip.blogspot.com/2016/10/i-had-nothing-to-do-with-that-obama.html
Madeleine
Albright, 1st Female US Secretary of State, Dies at 84 (Connecting Her Dots In
The Soros Network) (Past Research on Madeleine
Albright)
Thursday,
March 24, 2022
https://thesteadydrip.blogspot.com/2022/03/madeleine-albright-1st-female-us.html
Who
is Mohamed Elibiary — and why is he advising DHS? (Past
Research on the Muslim Brotherhood & Hamas)
Friday,
January 30, 2015
https://thesteadydrip.blogspot.com/2015/01/who-is-mohamed-elibiary-and-why-is-he.html
Blackstone,
Saudi Arabia Announce $40 Billion Investment in U.S. Infrastructure (Past Research on Saudi Arabia)
Sunday,
May 21, 2017
https://thesteadydrip.blogspot.com/2017/05/blackstone-saudi-arabia-announce-40.html
Trump
Admin to Press Ahead on Amazon, Meta Antitrust Cases (Connecting the Dots:
Amazon, Meta (Facebook), The Breakthrough Energy Coalition & Soros Funding,
All Networking) (Past Research on Facebook &
Amazon)
Thursday,
February 20, 2025
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