CFPB, Federal Agencies, State Agencies, and Attorneys General
O, Mick Mulvaney, the Acting Director for the customer Financial Protection Bureau (Bureau) testified prior to the Senate Committee on Banking, Housing, and Urban Affairs concerning the BureauвЂ™s Semi-Annual are accountable to Congress. The Senate Hearing comes the afternoon after Democrats into the House Financial solutions Committee questioned Mulvaney about his leadership during the Bureau. A duplicate of his penned testimony will be here.
In the hearing, Mulvaney stuck to your theme of Bureau accountabilityвЂ”an problem raised in the penned remarks and Semi-Annual ReportвЂ”and fielded concerns on subjects like the BureauвЂ™s part of protecting customers, payday financing, information protection, governmental favoritism, and constitutionality regarding the Agency:
- Increased Congressional Oversight. For the hearing, Mulvaney stressed their tips for greater oversight to carry the Bureau accountable. (more…)
Payday Loan Providers
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