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Office of Management and Budget Director Russell Vought has been recently attempting to crack down on the CFPB's activities. In a social media post late Saturday night, he said he had "notified the Federal Reserve that CFPB will not be taking its next draw of unappropriated funding because it is not 'reasonably necessary' to carry out its duties."
"The Bureau's current balance of $711.6 million is in fact excessive in the current fiscal environment. This spigot, long contributing to CFPB's unaccountability, is now being turned off," Vought added.
NBC News has also reported that Vought sent an email to employees unveiling a series of directives for the CFPB that would instantly go into effect. Employees were told in the email to "cease all supervision and examination activity," "cease all stakeholder engagement," halt every pending investigation, not put forth any public communications and stop "enforcement actions," according to NBC.
The kind of fields any small business would require. The kind that let you track where money goes. The kind that stop a billion dollars of fraud. Every week.
- Payment categories
- Payment rationales
- Basic audit controls
"The Ukrainian military is selling a huge percentage - up to half - of the arms that we send them. I know this for a fact. Washington is supplying Kiev with "hundreds of billions of dollars" worth of arms, a significant portion of which are being "stolen and sold to our actual enemies," including "drug cartels on our border."He did not disclose his sources or provide specific evidence to support his statement. He also claimed that weapons from Ukraine could be easily purchased online, describing the situation as a "crime" and a "nightmare."
"We are now removing Russia's ability to use the electricity system as a tool of geopolitical blackmail."Rokas Masiulis, head of Lithuanian state-run grid operator Litgrid, which was the first of the Baltics to switch off from the Russian grid at 7:43am (05:43 GMT), said:
"We need to carry out some tests to assure Europe that we are a stable energy system."The longstanding plan to integrate with the European grid gained momentum following Moscow's annexation of Crimea in 2014 and was accelerated by Russia's invasion of Ukraine in 2022, and the leveraging of its role as a major supplier of oil, gas and power to cause an energy crunch in Europe.
Comment:
USAID involved in getting Ukraine coup up and running
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