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CFPB’s Mulvaney: We don’t have to run a Yelp for banks

Apr 25, 2018
The acting director of the Consumer Finance Protection Bureau, Mick Mulvaney, said Tuesday that he wants to cut off public access to a web-based database of complaints about financial companies. The American Bankers Association thinks that’s a fine idea. Consumer advocacy groups, not so much.  Click the audio player above to hear the full story. 

Mulvaney on the CFPB: "We need to be a regulator, not somebody's child"

Apr 20, 2018
The acting director of the Consumer Financial Protection Bureau talks about the agency's decision to fine Wells Fargo.
Then Rep. Mick Mulvaney (R-SC) testifies before the Senate Homeland Security and Governmental Affairs Committee during his confirmation hearing to be the next director of the Office of Management and Budget on Jan. 24, 2017 in Washington, DC.
Chip Somodevilla/Getty Images

CFPB head Mulvaney grilled on Capitol Hill

Apr 11, 2018
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 […]

How much protection for consumers?

Apr 11, 2018
Mick Mulvaney is set to testify before Congress on April 11 about how he’s managing the Consumer Financial Protection Bureau. It might be hard to tell, but, the CFPB still there. Click the audio player above to hear the full story. 

Mick Mulvaney doesn’t think the CFPB needs more money

Jan 18, 2018
The acting director requested $0 for the bureau’s funding.
Mick Mulvaney, President Donald Trump's pick for acting director of the Consumer Financial Protection Bureau, walks back to the White House from the CFPB building after he showed up for his first day of work on November 27, 2017 in Washington, D.C.
Alex Wong/Getty Images

CFPB will take another look at the payday lending rules

Jan 17, 2018
Last year, the Obama administration enacted new rules regarding payday lending. They haven’t yet come into effect. Now, the Consumer Financial Protection Board says it will reconsider the tighter regulation that would have required payday lenders to make sure the people they lend to can actually repay their loans. The rule was bitterly opposed by […]

The GOP's tax reform bill could pass the Senate tonight

Dec 1, 2017
What could final legislation look like?
U.S. Senate Majority Leader Mitch McConnell, a Republican from Kentucky, walks from the Senate chamber to his office today at the Capitol.
Alex Wong/Getty Images

For public good, not for profit.

How much could a new leader reshape the CFPB?

Nov 27, 2017
The Consumer Financial Protection Bureau, created in the wake of the financial crisis, is locked in a leadership struggle after its first director stepped down last week.
White House Budget Director Mick Mulvaney, President Donald Trump's pick for acting director of the Consumer Financial Protection Bureau, walks back to the White House from the CFPB building after he showed up for his first day of work today in Washington, D.C.
Alex Wong/Getty Images

The lawyer representing the CFPB lawsuit explains why he's fighting for this case

Nov 27, 2017
President Donald Trump and the outgoing director of the Consumer Financial Protection Bureau have each chosen different leaders to oversee the watchdog agency. So Leandra English, the current head's pick, has filed a lawsuit.
Mick Mulvaney, President Donald Trump's pick for acting director of the Consumer Financial Protection Bureau, walks back to the White House from the CFPB building after he showed up for his first day of work on November 27, 2017 in Washington, D.C. 
Alex Wong / Getty Images

Consumer Financial Protection Bureau warns of longer-term car loan risk

Nov 7, 2017
There’s been a big increase in the number of long-term car loans purchased by U.S. drivers in recent years, according to a recent report by the Consumer Financial Protection Bureau. Longer-term loans mean smaller monthly payments for borrowers, but they also mean more risk.  Click the audio player above to hear the full story.