Consumer Financial Protection Bureau director Mick Mulvaney testified in front of the House Committee on Financial Services. During the testimony, Maxine Waters asked why people should trust him. She also claimed that she was responsible for implementing Dodd Frank financial regulations. Mulvaney corrected her, explaining what each of the branches of Government actually does.
“With respect, Congresswoman, I would say that I am the one responsible for implementing Dodd-Frank, not you. You were responsible for passing legislation and then the executive branch implements it,” explained Mulvaney.
“I have not burnt the place down. Despite what you may have heard about what I was going to do when I got in there — I think that we have ten fewer people working there now than the day I took over, and that’s out of 1627 people. We continue—” said Mulvaney before being interrupted by an annoyed Maxine Waters.
“I’m reclaiming my time!” she shouted. “Let me just say to you that you couldn’t implement a thing unless, first of all, there was legislation that was passed to deal with what you’re doing, and second, we have responsibility for the oversight of your implementation,” said Waters.
Do you think it’s pathetic that Maxine Waters needs something so simple explained to her? Check out the video below.
— RNC Research (@RNCResearch) April 11, 2018