Mick Mulvaney, acting director of the Consumer Financial Protection Bureau (CFPB ), listens during a Senate Banking, Housing & Urban Affairs Committee hearing in Washington, D.C., U.S., on Thursday, April 12, 2018. Photographer: Toya Sarno Jordan/Bloomberg

Mick Mulvaney says he's legally barred from shutting down the Consumer Financial Protection Bureau, a regulator he once called a "sick" joke.

But the agency's acting director could move dozens of employees to the basement of its Washington headquarters. And he might try to relocate other staff members to Dallas.

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