Saturday, December 02, 2017

Mulvaney Aims To Alter CFPB: Authority I Have 'Should Frighten People'

Nicole Lafond · Friday, December 01, 2017, 9:05 am

White House Director of the Office of Management and Budget Mick Mulvaney, who the President just appointed as acting director of the Consumer Financial Protection Bureau, said taxpayers “should be frightened” by the amount of power he has in this new post.

“The structure of the CFPB is fundamentally flawed. The authority I have now as the acting director really should frighten people. You can sit down in a room with three or four people, and say, well, let’s go off and do this, and there is no accountability to Congress,” he said on Fox Business Network’s “Lou Dobbs Tonight” Thursday.

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