It's the LAST DAY to donate and pick up any of our thank-you gifts at a discount. 🔥 Give Now!

CFPB head Mulvaney grilled on Capitol Hill

Ryan Kailath Apr 11, 2018
HTML EMBED:
COPY

CFPB head Mulvaney grilled on Capitol Hill

Ryan Kailath Apr 11, 2018
HTML EMBED:
COPY

Across the hallway from Mark Zuckerberg’s second round on Capitol Hill today there was another hearing taking place. This one was not quite so well-attended. Mick Mulvaney was there to be questioned on his role as acting director of the Consumer Financial Protection Bureau. Democrats have been worried that Mulvaney is a little overly-friendly to the industry he’s supposed to regulate. One item that came up is payday lending, the small short-term loans many low-income Americans use, and that tend to come with super high interest rates.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.