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We packed new banquet mega bowls full of majestic piles of cheddar mac n cheese, smothered in mozzarella. but it wasn't mega. so we topped it with protein packed chunks of buffalo-style chicken. now that's mega. . time for money, power, politics, my favorite part of the show. a plan to scale back banking rules is moving full ahead. lawmakers to alter key parts of the frank dodd put in place.
Mulvaney's previous comments on the agency which was created after the economic meltdown in 2008, designed to protect consumers from predatory financial institutions. >> it is a wonderful example of how a bureaucracy will function if it has no accountability to anybody. turns up being a joke. that's what cfpb has been in a sad, sick kind of way. >> reporter: one of architects of the agency, senator elizabeth warren, argued the president was overstepping his bounds and not following the law. in a tweet, she cited dodd-frank legislation which states that the deputy director of the cfpb would ser...
Co-author of frank dodd that allowed this agency to be created, saying this is unprecedented, it was always intended for this agency to be separate from the rest of government. it makes for a confusing situation, one that could potentially wind up in court. duelling appointments opening the door to a showdown between the house and the country's top consumer watchdog agency. on friday, the director of consumer financial protection bureau, richard cordray, resigned, named his chief of staff as deputy director and his de facto replacement. a few hours later, president trump named nick mulvaney as...
>> that's my only argument is you know what you're president of united's. thirty plus million followers and all of a sudden you are tweeting on a subject is going to cause this whole new storm like when he went after london air. if you want that, that's fine, but it's getting away from some of the stuff you're pushing as well. >> if he stops the 1:00 a.m. tweets, that's okay. >> when he didn't tweet, put more pressure on republicans to get stuff done and what do they do? we saw frank dodd frank done. >> use it to your advantage. >> exactly. [inaudible conversations] >> this great equalizer is ...
with republicans reeling from the stunning defeat of majority leader eric cantor in tuesday's virginia primary, new questions are being raised about just what kind of leadership the party needs to advance its agenda. with major policy initiatives, including immigration reform, hanging in the balance. so, will the party learn the right lessons from this week's defeat? let's ask "wall street journal" columnist and deputy editor dan hettinger, washington columnist kim strassel and political diary editor jason riley, author of the new book, "please stop helping us: how liberals make it h...