By Jon Dougherty
In a speech at the National Association of REALTORS Legislative Meetings and Trade Expo on Friday, POTUS Donald Trump slammed Sen. Elizabeth “Pocahontas” Warren (D-Mass.) for her role in creating the oppressive Consumer Financial Protection Board as part of Democrats’ ‘financial industry reforms’ following the Great Recession under President Obama.
Saying that Warren has “a lot of pent up anger,” the president noted that the CFPB has been very harmful to small lenders, leading many to close up shop due to the agency’s onerous regulations and unaccountability to Congress (which was by design), and unconstitutionality. He added that the agency hurt community banks and credit unions during Obama’s scandal-filled reign.
â€œWeâ€™ve freed local lenders from the heavy-handed regulations also — you know what was going on there — that were crushing community banks and threatening the housing market. Pocahontas had an agency that was — I mean, she was a disaster,â€ the president said.
â€œShe enjoyed destroying these local lenders. I mean, I think she got pleasure out of destroying beautiful local lenders who have been lending to your clients, and probably yourselves for years and they were going out of business and they were living in fear,” he added. “Pocahontas, thatâ€™s another beauty. She’s doing really well so far, isn’t she? Her and her beer commercial,â€ he added, referring to her drinking a beer on an Instagram video as she launched her campaign.
“She’s an angry person,â€ he said. â€œBut you know what? Making it very tough on people that you know. You know exactly what I’m talking about and now we have that running beautifully and they’re loaning, and they’re nice people. You know, they’re nice people again.â€
â€œThey’re free to invest in our communities and help more families experience the joy and the pride of homeownership and I’ll never get credit for this. The press doesnâ€™t give me any credit for anything, no matter what I do,â€ POTUS added.
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