Mulvaney is reforming, not destroying, CFPB

This article was originally published on March 15, 2018 in American Banker.

The recent release of the Consumer Financial Protection Bureau’s new five-year plan should put to rest fears that acting Director Mick Mulvaney is going to do everything in his power to destroy the agency from within.

Rather than “set the place on fire” — as some had feared — Mulvaney has instead done exactly what a leader that has been critical of agency overreach ought to do: He’s been bringing the bureau in line with its congressional mandate…

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