Even as the leadership of the CFPB is being determined in federal court, Acting Director Mick Mulvaney issued a 30-day freeze on issuing regulations and hiring at the agency.
"Rumors that I'm going to set the place on fire or blow it up or lock the doors are completely false," he said. "We intend to execute the laws of the United States, including the provisions of Dodd-Frank that govern the CFPB."
As a Republican House member from South Carolina, Mulvaney was outspoken in his belief that the agency should be abolished.
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:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 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.
