Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.


Status message

Start your free, no obligation 5-day trial to continue exploring with full access.

Senate Dems serve up scathing rebuke of Mulvaney-led CFPB

Joe Mont | November 28, 2018

It must surely be a source of ongoing annoyance that Mick Mulvaney, the Trump administration’s director of the Office of Management and Budget, can’t successfully rename the other agency he heads.

Mulvaney wants it to be known that he serves as acting director of the Bureau of Consumer Financial Protection, a rebranded Consumer Financial Protection Bureau. The sign outside the Bureau’s Washington headquarters may reflect the change, but most who follow its efforts, including journalists and consumer activists, are sticking by the old nomenclature. An effort to get the Associated Press to modify references to the Bureau in its much-consulted stylebook, for example, was met with deaf ears. The Bureau’s own website similarly clings to both its URL and prominent references to the CFPB name.

The name change, critics say, is in keeping with the pro-business, deregulatory approach of its acting director in that it...

Read this single article for $49, or click the subscribe button below to review subscription options.

Enjoy unlimited access to thousands of articles, browse five years of digital magazines, qualify for reduced admission to events, and more.