News Topic: Mick Mulvaney

Consumer advocates and academics recently removed from the Consumer Advisory Board said they were "disappointed" that the board will be reconstituted with fewer members. ... Read full article

The agency announced a new lineup for the Consumer Advisory Board after having fired its previous members and those of two other panels. ... Read full article

Sen. Elizabeth Warren and Rep. Elijah Cummings have called for an update on probes into the credit reporting giant a year after its massive data breach came to the light. ... Read full article

Kathy Kraninger has been tight-lipped about her plans for the consumer bureau, but some point to signs that she could curb the agency's power by reducing staff and other costs. ... Read full article

The Consumer Financial Protection Bureau issued an interpretive rule Friday to clarify changes made to the Home Mortgage Disclosure Act that were mandated by President Trump's regulatory relief law. ... Read full article

Seth Frotman, whose student lending unit had been gutted in May, said the bureau's current leadership "has abandoned its duty to fairly and robustly enforce the law.” ... Read full article

The senator's proposed legislation includes a ban on individual stock ownership and restrictions on government employees joining the lobbying ranks. ... Read full article

Several states pledged to compensate for a slowdown in enforcement at the Consumer Financial Protection Bureau under Mick Mulvaney, but their efforts have been complicated by tight budgets and doubts over whether such initiatives are necessary. ... Read full article

The letter from lawmakers to the bureau follows a report that the agency does not view the exams as explicitly required by the law. ... Read full article

The bureau is expected to choose an option that could trigger court challenges after a judge yet again refused to halt the rule’s compliance date. ... Read full article

A week after the Treasury Department laid out a plan for federal fintech regulation, it is already unclear which agency is leading the charge. ... Read full article

The bureau announced the creation of the Global Financial Innovation Network for regulators to discuss joint policy work and offer a cross-border product testing process. ... Read full article

The bureau wants to encourage more innovation without the threat of enforcement, but observers say regulators also need a testing ground to prove they can regulate fintech. ... Read full article

Kraninger, a senior official at the Office of Management and Budget, has been heavily criticized by Democrats on the panel over her ties to the administration's family-separation policy at the border. ... Read full article

Kathy Kraninger, a senior official at the Office of Management and Budget, largely avoided answering direct questions at her nomination hearing. ... Read full article

A ruling involving a Cleveland law firm casts doubt on CFPB claims that attorneys misrepresent their role to consumers. ... Read full article

Readers respond to Mulvaney's changes to the CFPB's consumer board, weigh a proposal regarding fair lending, react to adoption of pot banking regtech and more. ... Read full article

Jack Remondi issued a direct call Wednesday for the agency to drop its lawsuit against the student loan servicer. “You’ve had five years to look for your evidence, you’ve found none,” he said. ... Read full article