The Doral is a Miami resort one would expect to be sparsely occupied in June, an hour's drive from the beaches in the sticky Florida summer. Moreover, it's failing to meet its financial expectations. Fortunately, it's just been picked by U.S. President Donald Trump to host next year's G7 summit of the world's most powerful leaders, guaranteeing a full house. Its owner, U.S. President Donald Trump, must be delighted!

Trump leans into corruption, writes Bess Levin:

Pressed about the obvious conflicts of interest inherent in hosting a massive government event that attracts worldwide attention at one of Trump’s for-profit clubs, Chief of Staff Mick Mulvaney initially tried to claim that the administration had looked at other locations and none of them worked because some places have higher altitudes and because June is apparently a notoriously difficult month to plan an event. “There’s plenty of other good places in this country to hold a large event, there’s no question about it,” Mulvaney told reporters, pretending like the White House wasn’t always going to pick the president’s own resort.

Doral's income droped 69% in two years. Why do you think he's using his position to put funnel business and attention to Doral?https://t.co/ph7CJQhgbr

— Citizens for Ethics (@CREWcrew) October 18, 2019

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When Elizabeth Warren inaugurated the Consumer Financial Protection Bureau, one of her prime targets was subprime/payday/predatory lenders; and the lenders' lobbyists went on an all-out blitz, eventually prevailing under Trump's CFPB boss Mick Mulvaney. Read the rest

Mark Corbett has settled with the Consumer Financial Protection Bureau -- founded by Elizabeth Warren and then gutted by Trump appointee and awful person Mick Mulvaney, now the White House Chief of Staff -- over the complaints that he ran an illegal loan-sharking operation that swindled veterans out of their pensions for a decade.

He has been fined $1. Read the rest

Mick Mulvaney (previously) is a terrible human being -- as Trump's head for the financial watchdog, he's gutted the agency and allowed crooked lenders and dirty banks to get away with ripping off Americans -- so he knows one when he sees one. Read the rest

The Consumer Financial Protection Bureau is Elizabeth Warren's gift that keeps on giving -- one of the most effective US government agencies, handing out real punishment to banks that break the law, fighting loan-sharks that prey on poor people, and maintaining a database of vetted consumer complaints against banks that have ripped them off. Read the rest

Wells Fargo defrauded 800,000 car loan borrowers, forcing 274,000 of them into bankruptcy and stealing ("wrongfully repossessing") 25,000 cars; they also ripped off mortgage borrowers by failing to send them their paperwork until after the deadline for filing it and then fining them for not filing it on time. Read the rest

Following reports this week that Mick Mulvaney, Trump's new chief of the Consumer Finance Protection Board had stopped all activity related to probing the Equifax breach in which the sensitive financial data of virtually every adult American was stolen, 32 Democratic senators have written to Mulvaney demanding that he account for himself. Read the rest

Mick Mulvaney, the former loan-shark lobbyist who killed plans to regulate payday lenders after being appointed chief of the Consumer Finance Protection Board, has effective abandoned the agency's efforts to punish Equifax for leaking the sensitive personal and financial information of at least 145,500,000 Americans. Read the rest

The Consumer Financial Protection Bureau, founded by Elizabeth Warren prior to her career as a senator, was once the gem of the US political system, a consistently effective force for punishing finance industry wrongdoing, until Trump let Wall Street robber barons loose on it, under the direction of a lawyer who represented loan sharks before going to work for the Trump administration. Read the rest

The Consumer Financial Protection Bureau is a rare gem in the US financial regulatory apparatus, a regulator that actually tackles fraud and criminality by monied, powerful financial institutions, exacts meaningful penalties from them, and forces them to stop. They're one of the only things standing between you and highway robbery. Read the rest

Trump, his deal-making skills having failed him, simply ordered his party Thursday night to pass his unappetizing Obamacare replacement plan, or else. And the "else" is Obamacare, forever and ever and ever. Read the rest