April 10, 2018

Bloomberg:Mulvaney Faces Elizabeth Warren Grilling Over New Tone at CFPB

For Mick Mulvaney, the tables have turned.


This week, Mulvaney will be the one in the hot seat. President Donald Trump’s budget director is doing double duty as acting director of the CFPB. Starting Wednesday when he appears before the House Financial Services Committee, Mulvaney will endure two days of congressional scrutiny over his role leading a financial regulator that he once called a “sick, sad” joke.


A highlight will be Mulvaney’s faceoff with Senator Elizabeth Warren, the financial industry’s most vocal congressional critic and the CFPB’s biggest defender. Since Mulvaney took over in November, Warren has scrutinized everything from his hiring of GOP congressional aides to his decisions to drop enforcement actions. Mulvaney’s Thursday appearance before the Senate Banking Committee will be the Massachusetts Democrat’s first chance to spar with him publicly.

Read the full article on the Bloomberg website here

By:  Elizabeth Dexheimer
Source: Bloomberg