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Part 1
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We begin with the standoff at the Consumer Financial Protection Bureau which now has two acting directors, one Leandra English is the deputy to the outgoing Director of the CFPB Richard Cordray, and the other is an avowed enemy of the CFPB Mick Mulvaney who Trump has appointed as acting director. Dennis Kelleher, the President and Chief Executive Officer of Better Markets Inc., a Washington D.C.-based nonprofit organization that promotes the public interest in the U.S. and global financial markets, joins us. We discuss a bureau that has been under constant political assault from Republicans since it was created under the 2010 Dodd-Frank Act and how President Trump, who ran against Wall Street but has since proven to be the financial industry’s most faithful servant, will reward Wall Street by crippling the most effective watchdog against financial abuse and predatory behavior that has resulted in 30 million American consumers collecting $12 billion in refunds.
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Part 2
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Then we examine the Pope’s visit to Myanmar, Burma and the delicate diplomacy underway with Burma’s small Catholic community urging the Pope not to even utter the word “Rohinga” despite global condemnation of the ethnic cleansing that has driven Burma’s Muslim minority into neighboring Bangladesh where their future in crowded refugee camps is uncertain. David Steinberg, a distinguished professor of Asian Studies Emeritus at Georgetown University and a former member of the Senior Foreign Service and author of “Burma: The State of Myanmar”, joins us to discuss how the Pope is trying to exercise his moral authority while not exposing Burmese Catholics to a backlash of persecution.
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