Pryor to acting director Mick Mulvaney’s appointment to the Consumer Financial Protection Bureau, Mr. Mulvaney had called the CFPB a “sad, sick joke” and called for an overhaul of the agency, including curtailing its budget. Well, it looks as if Mr. Mulvaney is fulfilling his promises, even to demoting the “Consumer” in the Consumer Financial… [Read More]
Trump and Wall Street vs. Cordray and the American Consumer: All Out War?
This past weekend, the Consumer Financial Protection Bureau (CFPB) erupted into chaos as two leaders were appointed as the agency’s acting director. The chaos continues this week between the two acting directors with aggressive emails, donuts and a requested restraining order. So is this a power play? Or a legitimate stance? Either way, there is… [Read More]