America’s Whittling Away of Consumer Protections
By suddenly ousting a board of advisors, the head of the CFPB is continuing to shape the bureau in Trump's image.
Mick Mulvaney has been clear, so very clear, about his vision for the Consumer Financial Protection Bureau.
As acting director of the bureau, Mulvaney has already articulated his intention to slow down regulation of the financial industry. On Wednesday, he made good on that promise, in dramatic fashion—effectively ousting all 25 members of one of the bureau’s advisory boards. The dismantled group had previously been tasked with advising
