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Customer Finance Track Senate Banking Committee Probes Mulvaney’s Leadership at the CFPB

Customer Finance Track Senate Banking Committee Probes Mulvaney’s Leadership at the CFPB

CFPB, Federal Agencies, State Agencies, and Attorneys General

O, Mick Mulvaney, the Acting Director for the customer Financial Protection Bureau (Bureau) testified prior to the Senate Committee on Banking, Housing, and Urban Affairs concerning the Bureau’s Semi-Annual are accountable to Congress. The Senate Hearing comes the afternoon after Democrats into the House Financial solutions Committee questioned Mulvaney about their leadership during the Bureau. A duplicate of his testimony that is written is.

During the hearing, Mulvaney stuck to your theme of Bureau accountability—an problem raised in their penned remarks and Semi-Annual Report—and fielded concerns on subjects such as the Bureau’s part of protecting consumers, payday financing, information protection, governmental favoritism, and constitutionality for the Agency: