November 29, 2018

Consumer Financial Protection Bureau being ravaged by Trump's team

"A report from the minority staff of the Senate banking committee accuses Consumer Financial Protection Bureau acting Director Mick Mulvaney of undermining the bureau's mission and says director nominee Kathy Kraninger may continue to weaken the CFPB. President Donald Trump should consider someone with consumer protection experience to lead the agency, the report says." (Retirement Security SmartBrief, 11/29/18). Read the article by Kate Berry in American Banker:
https://www.americanbanker.com/news/senate-bankings-top-dem-issues-scathing-assessment-of-cfpbs-mulvaney
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