Mick Mulvaney is shaking things up at the Consumer Financial Protection Bureau.
In an email sent Wednesday to the watchdog's employees, Mulvaney announced he was reorganizing a number of its divisions and appointing Republicans to senior roles. As some of the details started to leak out, they were blasted by liberal interest groups and Democrat lawmakers who argued they would undermine consumer protections.
The overhaul marks some of Mulvaney's most significant changes since taking over as acting CFPB director in November. The latest moves include folding the Office of Students and Young Consumers, which advises borrowers on saving and paying for college, into the Office of Financial Education, the email shows.
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