Released: December 05, 2018
How Trump appointees curbed a consumer protection agency
One year after Mick Mulvaney’s arrival, he and his political aides have constrained the Consumer Financial Protection Bureau from within, achieving what conservatives on Capitol Hill had for years been unable to do, according to agency data and interviews with career officials.
Mulvaney recruited the bureau’s first team of political appointees to monitor each division, control the workflow and keep him posted. They had little experience in consumer protection enforcement or managing large groups of people, their résumés show. But many had a common profile, having worked for the financial sector or against the bureau.
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