This article appeared online at TheNewAmerican.com on Thursday, May 24, 2018:
As the House was considering the Economic Growth Regulatory Relief and Consumer Protection Act — a weak Dodd-Frank deregulation bill passed earlier by the Senate — House Financial Services Committee Chairman Jeb Hensarling (R-Texas) pressed for more drastic changes. Long opposed to the original Dodd-Frank law enacted in response to the financial collapse that triggered the Great Recession of 2008-09, Hensarling was rounding up support for additional changes to the law. One of the most pernicious pieces of Dodd-Frank — the Consumer Financial Protection Bureau invented by far-left Senator Elizabeth Warren (D-Mass.) — remained untouched by the compromise bill passed by the Senate and Hensarling wanted to do something about it.
That is, until he got a call from the president, who said