Trump’s pick for consumer watchdog bureau orders freeze on hiring and rule-making - News Summed Up

Trump’s pick for consumer watchdog bureau orders freeze on hiring and rule-making


(Jenny Starrs/The Washington Post)White House budget director Mick Mulvaney said he ordered a 30-day hiring freeze and a delay of rule-making and other actions at the Consumer Financial Protection Bureau on his first day as boss of the consumer watchdog. Leadership of the agency was thrown into doubt last Friday when Cordray stepped down as CFPB director and said English would temporarily replace him. English filed suit late Sunday, asking for a temporary restraining order to prevent Trump from appointing Mulvaney acting director. Mick Mulvaney, President Trump's choice for acting director of the Consumer Financial Protection Bureau, reiterated his criticism of the bureau on Nov. 27. “People are being investigated by the CFPB all the time,” said Alan Kaplinsky, head of the Consumer Financial Services Group for law firm Ballard Spahr.


Source: Washington Post November 27, 2017 15:44 UTC



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