So you can take actions which violate existing laws without passing new laws to invalidate the existing laws, prior to taking action?

That's exactly what the Republican administration has been doing, and it's also what the Fed has done recently by loosening funding restrictions. There's a law which makes this illegal, and it's been ignored.

The Rs have also ignored sub-poena requests, they've shredded essential documents and hidden evidence, they've lied under oath, and I'm sure there are even nastier things happening on Wall St which we'll never know about.

This the New Conservatism - narcissism with a campaign office, touting the slogan 'I can do whatever I like, because laws don't apply to me.