Mick Mulvaney, acting director of the Consumer Financial Protection Bureau, said the agency under his leadership is enforcing the law but "not being aggressive" about its mission.
"We're not pushing the envelope," Mulvaney said Sunday on CBS's "Face the Nation." "We're taking a different attitude toward the job, but the priorities have not changed."
Mulvaney, who also serves as White House budget director, said he has favored a different approach because the agency, created after the 2008 financial crisis to police mortgages, credit cards and other consumer products, is "perhaps the most unaccountable bureau or agency there is."
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
