In tapping Mulvaney, Trump for a second time was turning to the conservative former congressman to plug a job hole. Even as Mulvaney held the job as budget director, he served for more than a year as acting director of the Consumer Financial Protection Bureau, scaling back regulation of the financial industry from an office that he and other Republicans had opposed since its creation during the Obama administration.

Source: Los Angeles Times December 15, 2018 00:11 UTC