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Trump says penalties for Wells Fargo mortgage-lending scandal could be 'substantially increased'

Reuters reported that President Trump's pick to lead the Consumer Financial Protection Bureau, Mick Mulvaney, was considering easing penalties against Wells Fargo over improper mortgage lending practices. Trump tweeted Friday that there...Show More Summary

Mulvaney May Reconsider Fine Against Wells Fargo

According to Reuters, Consumer Financial Protection Bureau acting director Mick Mulvaney is reportedly mulling whether to go ahead with a multi-million dollar penalty for alleged mortgage fraud by Wells Fargo.

‘Dumbledore’s Army’: Trump loyalists use Harry Potter references to fight ‘resisters’ in the federal government

3 days agoNews : The Raw Story

A conservative nonprofit with backing from the Koch brothers is using references to Harry Potter to quell a small uprising at Mick Mulvaney’s Consumer Financial Protection Bureau (CFPB), Vanity Fair reports. The battle began Wednesday after the New York Times detailed a mounting insurgence at the...

DEEP STATE UPDATE: #Resistance and the Crisis of Authority in American Politics. When Leandra En…

DEEP STATE UPDATE: #Resistance and the Crisis of Authority in American Politics. When Leandra English, former chief of staff to the former director of the Consumer Financial Protection Bureau, asked a federal judge to block President Trump’s appointment of Mick Mulvaney to replace her departing boss Richard Cordray, and to install her as the CFPB’s […]

CFPB Reportedly Funneled Billions Into "Secret Democrat Slush Fund", Consultant Claims

A consultant who worked with the highly politicized Consumer Financial Protection Bureau (CFPB) claims the organization funneled a large portion of over $5 billion in collected penalties to "community organizers aligned with Democrats"...Show More Summary

Consumer financial watchdog's deputy director asks judge for injunction to replace Mick Mulvaney as acting chief

The deputy director of the Consumer Financial Protection Bureau is asking a federal judge for an injunction to install her as the agency’s acting chief in place of President Trump’s appointee, Mick Mulvaney. The Wednesday night legal filing by Leandra English is the latest in the legal battle for...

Disgruntled employees at the top consumer watchdog formed 'Dumbledore's Army' to resist their Trump-appointed boss

Several staffers at the Consumer Financial Protection Bureau have formed a resistance group they've named "Dumbledore's Army," The New York Times reported Wednesday. It's the latest sign of turmoil at the agency, which is locked in a...Show More Summary

Having An Acting Director at the Consumer Financial Protection Bureau Was a Choice, Not an Accident

The NYT has an article discussing the ways in which Mick Mulvaney is changing the Consumer Financial Protection Bureau in his capacity as acting director. There is one item on which it is somewhat misleading. The piece indicates that...Show More Summary

BUSTED: Elizabeth Warren’s CFPB Used Secret “Slush Fund” To Funnel Billions Into Left-Wing Causes

Was the real reason behind Senator Elizabeth Warren’s outrage over Mick Mulvaney’s appointment as director of the Consumer Financial Protection Bureau (CFPB) about her own political survival? The New York Post’s Paul Sperry reports that the CFPB is engaged in a wide-variety of corruption. Show More Summary

We’re About to Find Out How Well Elizabeth Warren’s Politics Play in Ohio

Richard Cordray didn’t wait long. On Tuesday, less than two weeks after his departure from the Consumer Financial Protection Bureau triggered a mini-constitutional crisis of the variety the Trump administration has made look routine, Cordray announced that he would seek the Democratic nomination for governor of Ohio. Cordray, who previously served as the state’s treasurer […]

Consumer Bureau’s New Leader Steers a Sudden Reversal

4 days agoNews : NYTimes: News

The Consumer Financial Protection Bureau’s new acting director has suspended or softened several investigations and lawsuits. Some employees are quietly resisting.

Federal consumer watchdog suspends probe into firm accused of preying on detained immigrants

The embattled Consumer Financial Protection Bureau will step back from its investigation of Libre by Nexus until a lawsuit filed against it by the company is resolved.

Lawsuit challenges Trump's financial bureau appointment

NEW YORK (AP) — A federal credit union in New York City has sued President Donald Trump, saying his acting director of the Consumer Financial Protection Bureau is "trying to minimize its existence." The Lower East Side People's Federal Credit Union lawsuit was filed Tuesday in Manhattan federal court. Show More Summary

Mulvaney says no plans to fire U.S. consumer bureau's English

6 days agoNews : The Lookout

By Michelle Price WASHINGTON (Reuters) - Mick Mulvaney, White House budget chief and acting director of the Consumer Financial Protection Bureau (CFPB), said on Monday he has no intention of firing Leandra English, who had attempted to block him from taking control of the agency. Show More Summary

Mulvaney already is putting his stamp on CFPB — and still sparring over its leadership

Mick Mulvaney is moving quickly to put his stamp on the Consumer Financial Protection Bureau, an agency he has strongly criticized, even as he continues to spar with the deputy director over who is its lawful acting chief. Mulvaney, the White House budget director whom President Trump appointed...

Mick Mulvaney: payday lending campaign contributions pose no conflicts of interest

The acting director of the Consumer Financial Protection Bureau said the industry's past giving plays no role because he's no longer in Congress        

Mulvaney says no plans to fire US consumer bureau’s Leandra English

6 days agoNews : The Raw Story

 Mick Mulvaney, White House budget chief and acting director of the Consumer Financial Protection Bureau (CFPB), said on Monday he has no intention of firing Leandra English, who had attempted to block him from taking control of the agency. Former CFPB head Richard Cordray had named English to lead...

Fintech is facing a short, game-changing window of opportunity

GUEST: Until this week, many people had never heard of the Consumer Financial Protection Bureau (CFPB). Then it became part of a dramatic showdown between advocates and critics of regulation, as two individuals with dramatically different worldviews each claimed to be the bureau’s acting director. On Tuesday a judge sided with the Trump Administration, enabling the […]

Budget Director Mulvaney warns his new Consumer Financial Protection powers ‘should frighten people’

last weekNews : The Raw Story

White House Budget Director Mick Mulvaney told Fox Business anchor Lou Dobbs that Americans should be frightened by his disputed appointment as acting director of the Consumer Financial Protection Bureau. “The authority that I have now as acting director really should frighten people,”...

Battle for leadership continues at consumer agency

WASHINGTON (AP) — One contender to lead the Consumer Financial Protection Bureau will keep fighting to get the job after suffering a legal setback. In court papers filed Friday, Leandra English says she will seek a preliminary injunction...Show More Summary

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