tv Interview Sylvan Lane CSPAN May 22, 2019 8:58am-9:08am EDT
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as the referendum vote said but we should do it with a good deal for this country and that is what is offered. >> we believe our life brexit coverage from the british house of commons. a quick reminder, prime minister's questions is like wednesdays at 7 p.m. eastern when parliament is in session and you can see this week's session again sunday night at nine eastern and pacific on c-span. for more information go to c-span.org and click on series to view every program we've erred from the british house of commons since october of 1989. >> c-span's newest book, the presidents, noted historians rank america's best and worst chief executives, provides insight into the life of the 44 american presidents. true stories gathered by interviews with noted presidential historians. explore the life events that shape our leaders, challenges they faced and the legacies they
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have left behind. order your copy today. c-span's the president is now available as a hardcover or e-book at c-span.org/thepresidents. with the house taking of the bill on the consumer financial protection bureau we are joined by sylvan lane, finance report for the hill. the cpb was created during the obama administration. how has the trump administration attempted to change the purpose and practices of the bureau so far? >> while democrats are in kobe support of the bureau pursuing its mission at full strength, republicans and a lot of groups in the financial services industry, advocate for banks, credit unions, so on and so forth, they'll said the bureau was overstepping its mandate, was being too aggressive and was overreaching beyond its powers which they said were also way too much for any one independent agency. so when mick mulvaney became the acting director in
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november 2017, he started acting all that the key pulled back the bureaus oversight of the financial services industry, he started collecting less data he sought to revise and we can a lot of the rules that had been administered and released under the obama administration in the previous director richard cordray and basically followed a checklist of all the republican industry grievances with the agency in order to pull it back and make up less of a footprint. .. he ended certain data collection practices and organized and rebranded the
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bureau, it wasn't called the consumer financial protection bureau. and some have been under the new director. would codify so no director could do what mulvaney did and return the agency to the state it was in before mulvaney took over. one of the articles talked about reversing, the legislation by maxine waters the chair of financial services committee, mick mulvaney served as director as you pointed out. what's the working relationship between mick mulvaney and chairman waters and what are some of the issues that she found most objectionable that the bureau has done so far? >> so the relationship was extremely tense. these are two people who are die metricically opposed. mick mulvaney was on the
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committee that waters chairs. and she was frustrated of mulvaney pulling back enforcement of a lot of the bureau's regulations and particularly concerned in the office of fair lending, which was reorganized so the director would have more direct control over it and less independence to go pursue these cases of racial discrimination in lending, anything else that, you know, could cause one american to get a worse deal from a bank or a lender than another. that was one of the rain areas of concern and she used every opportunity she could to try to get mulvaney to reverse that or at least ramp up the political pressure. >> moments ago, you mentioned kat kathy kreninger, and one, chief sidelines the bureau channels.
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what's she done? >> one thing that kraninger said, she's the multi-director, and mulvaney came in with a different vision and she has a different vision she is trying to implement and move the bureau to a middle ground. not where it was with mulvaney, but she has reversed some things that mulvaney did, and branding the bureau consumer financial protection bureau now and revised some of the boards that mulvaney eliminated or drastically changed the membership of and insisted on a middle ground approach for the bureaus rules and regulations. back to the bill, the consumers first act, 17th amendment. and under the rules, what is one that she launched for? >> one is a momentum of
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understanding, between the cfpb to get data from the education department as it pursues cases involving student loans and oversight of federal student loan servicers. this came in when betsy devos came into the education department and something that kraninger says wasn't okay. she says she needs something to be able to pursue the cases and oversight of loan servicers. one thing i'm keeping an eye on. another is an amendment from republicans that would take the bureau's funding and put it under congressional control. it's currently funded flew the federal reserve system and requesting an amount of money and the fed is obligate today give their full request up to 17 million dollars. this would have the congressional control over spending over a wider array that congress does provide funding for, but something that
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the democrats opposed at every turn and unlikely to get any support in the democrat ic house. >> our guest sylvan lane, read the hill. >> thank you. >> once three giant networks and a government supported service called pbs. then in 1979, a small network with pa unusual name rolled out a new idea, let viewers watch what was important to them for all to see, bringing you unfiltered content from congress and beyond. in the age of power to the people, this was true people power. in the 40 years since the last, the case has changed. there's no monolithic media, the broadcasting has given way to narrow casting, and the c-span idea is more relevant than ever before. no public money supports
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c-span, it's for your cable and satellite network or provider. it's unfiltered so you can make up your own mind. >> sunday night on q & a, watch our october 2018 interview with yale university historicalion joanne freeman on her book, "the field of blood, violence in congress and the road to civil war", ended up with scores of congressman in a mass ball, so in and of itself it's dramatic. guys throwing punches and spitoons and it's like a massive encounter, but what was really interesting to me is people at the time looked at it and what they saw was a group of northerners and a group of southerners running at each other in the house of representatives and several of them said, this doesn't look like a normal congressional fight this looks like north against south. this looks like a battle.
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and that's really striking. and indeed, it certainly did look like a battle and it's not that long before the civil war. >> sunday night at 8:00 eastern on span's q & a. >> c-span's newest book, "the presidents" noted historians rank the best and worst chief executives. through stories gathered by interviews with noted presidential historians. explore the life events at that shaped our leaders, challenges they faced and the legacies they have left behind. order your copy today. c-span's "the presidents" is now available as a hard cover or an e-book at c-span.org/the presidents. presidents. >> secretary of state mike pompeo and acting defense secretary patrick shanahan, along with s
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