Friday’s edition included a story titled “GOP blocks Obama’s pick for watchdog” about the filibuster which prevents an up or down vote on the man nominated to head the new Consumer Financial Protection Bureau (CFPB). While the story was as accurate as one could ask for it failed to tell the whole story in that once again Republicans including both of our Senators, Cornyn and Hutchison, voted to protect the 1% at the expense of the 99%.
Having mentioned in the story that the Republicans want to eliminate the position of director and replace it with a bi-partisan board you failed to examine the ramifications of such a move which would result in politicizing decisions and removing the teeth from the agency’s rule making and enforcement efforts.
Express News readers deserve more than he said, she said reporting. Real journalism would explain that it is the Republican agenda to overturn every bit of regulation that has been put in place to prevent another implosion of the banking system because it would impair the ability of a few Wall Street fat cats to continue to rake in multi-million dollar annual bonuses.