Acting CFPB Director Mick Mulvaney is using bogus data security problems at the agency to effectively shut down much of the agency's work, Sen. Elizabeth Warren says.

Warren, the Senate's staunchest defender of the agency, said that Mulvaney has announced that, based on Inspector General reports, he has frozen the collection of any personal information by the agency.

"However, after reviewing the reports, their recommendations, and CFPB's response, I believe Director Mulvaney's actions are unjustified and that he inappropriately used the reports as a pretext to halt and weaken critical agency functions," Warren said in a letter to Mulvaney and agency Deputy Director Leandra English.

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