Steven Mnuchin, U.S. Treasury secretary, left, and Mick Mulvaney, acting director of the CFPB. Photographer: Joshua Roberts/Bloomberg

Democratic senators are demanding that CFPB Acting Director Mick Mulvaney answer allegations made by the agency’s former student loan ombudsman, who contends that the bureau has abandoned consumers.

Seth Frotman resigned his job at the bureau last month, charging that Mulvaney has placed special interests above consumers in his management of the bureau.

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David Baumann

 

Credit Union Times

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