The Sick, Sad World of Donald Trump
By 
Meet your new head of the Consumer Financial Protection Bureau:
Richard Cordray, who has been the head of the U.S. Consumer Financial Protection Bureau (CFPB) since 2012, announced Wednesday that he will be resigning before the end of his five-year term. His interim replacement will be self-described “right-wing nutjob” Mick Mulvaney.
Currently the Trump administration’s Office of Management and Budget Director, Mulvaney is a longtime politician who has tirelessly worked to dismantle regulations and, as CBS News notes, “a longtime critic of the agency.” Nominating Mulvaney, in other words, is functionally equivalent to eliminating the agency entirely.
This ominous sign is the latest example of the Trump administration’s determination to dismantle critical regulations of big business. And it illustrates how the executive branch now unilaterally makes public policy. Trump and a Republican Congress haven’t yet passed major legislation, but they can achieve a lot of policy objectives without doing so.
Not a dime’s worth of difference between Mick “Sick, Sad Joke” Mulvaney and Elizabeth Warren or Richard Cordray, really. It’s good that the bold, anti-establishment Trump administration has opened up possibilities for radical change and freed consumers from the shackles of worthless neoliberal crap like the Dodd-Frank Act.