Sen. Elizabeth Warren, D-Mass. is asking CFPB’s top ethics official if the agency has taken steps to ensure Mulvaney is excluded from matters involving banks and other firms that contributed to his campaign when he was a congressman.
Readers weigh in on the action at Wells Fargo’s annual meeting, debate the idea of changing the Consumer Financial Protection Bureau’s name, chime in on a postal banking proposal and more.
The CFPB finalized an amendment to its "Know Before You Owe," mortgage disclosure rule that gives lenders more flexibility to adjust closing cost estimates and pass on those increases to borrowers.
All 12 directors win nearly 90% of the vote, as does long-time auditor KPMG; Mulvaney says records haven’t been vetted by the agency and shouldn’t be released.
Sen. Elizabeth Warren is asking acting CFPB Director Mick Mulvaney to clarify his philosophy on enforcement, provide details on the high pay for political appointees and answer other questions.
