Items Tagged with 'Mick Mulvaney'

ARTICLES

  • Democrats call out Mulvaney’s reported changes to CFPB fair lending enforcement

    53 Democrats, including Warren, Waters, Brown, Menendez, want answers
    A group of more than 50 Congressional Democrats are questioning the motivation of Consumer Financial Protection Bureau Acting Director Mick Mulvaney’s reported decision to strip the agency’s Office of Fair Lending and Equal Opportunity of its enforcement powers. The Democrats want to know what exactly Mulvaney is planning to do when it comes to fair lending.
    Read More
  • Mulvaney unveils sweeping plan to dramatically alter CFPB

    Mulvaney: We commit to the CFPB’s statutory responsibilities, but will go no further
    Over the past few months, Mick Mulvaney has provided smaller indications about how much differently the Consumer Financial Protection Bureau will function under his leadership than it did under the bureau’s former director, Richard Cordray. But Monday, Mulvaney fully revealed his plan to dramatically alter how the CFPB operates.
    Read More
  • CFPB funding slashed, enforcement authority reined in by Trump budget

    More changes afoot for agency already in the crosshairs?
    On Monday, the White House released its 2019 budget proposal, and for the second time, took dead aim at the CFPB. While the 2018 version proposed cutting the CFPB’s funding and bringing the agency’s funding under the congressional appropriations process to increase oversight, the 2019 version also calls for those measures but also goes much further to reshape the CFPB’s mission altogether.
    Read More
  • Monday Morning Cup of Coffee: Equifax breach might have been worse than anyone thought

    And CFPB taking a back seat on enforcement
    A new revelation shows Equifax’s data breach, which occurred last year and affected about 145.5 million consumers, may have been worse than anyone thought. And CFPB Acting Director Mick Mulvaney announced the agency is enforcing the law but not being aggressive under his leadership.
    Read More
  • Trump reportedly mulling CFPB’s Mulvaney as replacement for Kelly as chief of staff

    Would be former congressman’s third different job in Trump administration
    Mick Mulvaney wears a couple of different hats in the Trump administration, currently serving as both the acting director of the Consumer Financial Protection Bureau and the director of the Office of Management and Budget. But the former congressman could soon wear an entirely different hat, White House chief of staff.
    Read More
  • Treasury Sec. Mnuchin wants answers on Equifax investigation

    Treasury secretary says he will talk to Mulvaney
    In between questions about Russian sanctions and the stock market, U.S. Treasury Secretary Steven Mnuchin told the House Financial Services Committee on Tuesday he is interested in how the Consumer Financial Protection Bureau and its acting director, Mick Mulvaney, is handling the investigation into the data breach at credit agency Equifax.
    Read More
  • Top Hensarling aide named CFPB chief of staff

    Kirsten Sutton Mork served as House Financial Services Committee staff director
    Earlier this year, the House Financial Services Committee announced that its staff director, Kirsten Sutton Mork, would be leaving the committee staff “in the coming weeks” to become the chief of staff at the Consumer Financial Protection Bureau. Now, it’s official.
    Read More
  • CFPB reportedly pulling back from Equifax data breach investigation

    Reuters reports that bureau is not aggressively pursuing investigation
    In another signal that Mick Mulvaney’s Consumer Financial Protection Bureau will operate far differently than it did under Richard Cordray, the CFPB is reportedly pulling back from its investigation in the data breach at Equifax, which exposed the personal information of 145.5 million U.S. consumers to hackers.
    Read More