Rep. Meeks: CFPB Was Created to Protect People from ‘Oligarchs that Are Now Around’ Trump

VITALI Joining me now ░░░░░░░░ Democratic Congressman Gregory Meeks ░░░░░░░░ New York First I ░░░░░░░░ to get your reaction ░░░░░░░░ Jerome Powell as he ░░░░░░░░ been pressed on the ░░░░░░░░ about the impact of ░░░░░░░░ Consumer Financial Protection Bureau ░░░░░░░░ shut down Watch Clip ░░░░░░░░ Warren If the CFPB ░░░░░░░░ not there examining these ░░░░░░░░ banks to make sure ░░░░░░░░ are following the laws ░░░░░░░░ not cheating consumers who ░░░░░░░░ doing that job Powell ░░░░░░░░ can say no other ░░░░░░░░ regulator Warren No one ░░░░░░░░ ends VITALI No one ░░░░░░░░ a shrug I mean ░░░░░░░░ s your reaction to ░░░░░░░░ MEEKS That s exactly ░░░░░░░░ it was created Look ░░░░░░░░ my district people lost ░░░░░░░░ American dream They lost ░░░░░░░░ home The largest investment ░░░░░░░░ average American makes was ░░░░░░░░ their home They were ░░░░░░░░ by banks and others ░░░░░░░░ those And so who ░░░░░░░░ there to speak up ░░░░░░░░ to look and to ░░░░░░░░ the products There was ░░░░░░░░ one there for the ░░░░░░░░ That was the reason ░░░░░░░░ the Consumer Financial Bureau ░░░░░░░░ put in place so ░░░░░░░░ the consumer would have ░░░░░░░░ to go to And ░░░░░░░░ think about all of ░░░░░░░░ individuals who were saved ░░░░░░░░ of the bureau and ░░░░░░░░ protect them against the ░░░░░░░░ that are now around ░░░░░░░░ president of the United ░░░░░░░░ There has to be ░░░░░░░░ there to speak for ░░░░░░░░ everyday Americans so they ░░░░░░░░ not defrauded Someone there ░░░░░░░░ give them advice VITALI ░░░░░░░░ so now here we ░░░░░░░░ with yet another legal ░░░░░░░░ both from the workers ░░░░░░░░ the agency and then ░░░░░░░░ challenge legally on the ░░░░░░░░ basically saying you can ░░░░░░░░ shut down an agency ░░░░░░░░ this that was created ░░░░░░░░ Congress You need Congress ░░░░░░░░ vote to actually shut ░░░░░░░░ that agency This is ░░░░░░░░ challenge that we ve ░░░░░░░░ across USAID and other ░░░░░░░░ too But for Democrats ░░░░░░░░ are now in the ░░░░░░░░ where voters are saying ░░░░░░░░ something we of course ░░░░░░░░ seen you guys rallying ░░░░░░░░ of some of these ░░░░░░░░ but the next step ░░░░░░░░ I ve heard according ░░░░░░░░ my sources is making ░░░░░░░░ a leverage point ahead ░░░░░░░░ the government shutdown on ░░░░░░░░ 14th Is that the ░░░░░░░░ And are you comfortable ░░░░░░░░ that as you know ░░░░░░░░ shutting down the government ░░░░░░░░ There s numerous numerous ░░░░░░░░ Number one if the ░░░░░░░░ shuts down it is ░░░░░░░░ Republicans that will be ░░░░░░░░ it down They own ░░░░░░░░ They own they have ░░░░░░░░ majority in the House ░░░░░░░░ majority in the Senate ░░░░░░░░ the presidency It is ░░░░░░░░ job to get this ░░░░░░░░ When we had a ░░░░░░░░ vote majority we were ░░░░░░░░ to get the job ░░░░░░░░ The largest shutdown that ░░░░░░░░ country s had before ░░░░░░░░ coincidental is when Donald ░░░░░░░░ Trump was the president ░░░░░░░░ You have members within ░░░░░░░░ MAGA party that want ░░░░░░░░ shut the government down ░░░░░░░░ goal is to shut ░░░░░░░░ government down.”