WASHINGTON (AP) — White House budget director Mick Mulvaney is imposing a 30-day freeze on hiring and new rulemaking as he moves to take control of the consumer protection bureau he’s running on a temporary basis.
Mulvaney said Monday that his view of the Consumer Financial Protection Bureau hasn’t changed. He’s calling it an example of “bureaucracy gone wrong.”
He says elections have consequences at every agency and that includes the CFPB. He says he intends to run the consumer bureau differently than the previous Obama administration, which created it under the Dodd-Frank Law.
Mulvaney says he plans to spend three days a week at the CFPB and three days a week at his job at the Office of Management and Budget. He says President Donald Trump made clear to him that he “wants me here.”
Copyright 2017 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. (Photo: CNN)
