In a letter to President Trump, 44 Democratic senators said the White House's appointment of Mick Mulvaney as interim director of the Consumer Financial Protection Bureau "jeopardizes the agency’s independence and effectiveness." ... Read full article
Mick Mulvaney, the agency's acting director, said he believes the small-dollar lending rule is too far along to roll back through regulation but hopes Congress will repeal it. ... Read full article
Brian Johnson joins agency as senior adviser to acting director Mick Mulvaney; CME and Cboe are expected to begin trading bitcoin futures in the next few weeks. ... Read full article
How will Mick Mulvaney reshape the consumer watchdog agency? American Banker Editor-in-Chief Rob Blackwell shares his inside-the-Beltway take on the CFPB’s future. ... Read full article
Jelena McWilliams, Fifth Third Bancorp’s chief legal officer, is the choice for FDIC chair; digital currencies pose too many risks. ... Read full article
The former heads of the House and Senate banking committees argued Thursday that the Dodd-Frank Act clearly intended to allow the CFPB's deputy director to serve as acting director after the full-time head of the agency departed. ... Read full article
With leadership of the Consumer Financial Protection Bureau resolved by a federal court, the banking industry is eager to find out what interim head Mick Mulvaney plans to do once he gets a handle on the agency, including whether he will delay pending new ... Read full article
