For Trump’s man at consumer agency, emphasis is on ditching rules

Source: David Lazarus, Los Angeles Times (Paid Registration)

If you’ve been wondering how the Consumer Financial Protection Bureau will change now that President Trump has installed as interim director a man who has called the agency a “sick, sad joke,” wonder no more.

Mick Mulvaney, who also continues to serve as White House budget director, said a few weeks ago he’d halt CFPB business for 30 days while getting his bearings. But that hasn’t stopped him from quietly making a change to the wording that appears at the bottom of bureau press releases and announcements—a change that reveals the scope of the decidedly more business-friendly agency Mulvaney envisions.

Read Full Article: For Trump’s man at consumer agency, emphasis is on ditching rules

 

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