NPR

Trump Official Wants To Put Tight Leash On Consumer Watchdog Agency

As a Republican congressman, Mick Mulvaney sponsored legislation to abolish the agency. Now that he's running it, he wants Congress to put the independent watchdog on a short leash.
Mick Mulvaney, interim director of the Consumer Financial Protection Bureau, wants to give Congress prior approval of any major new rules created by the bureau.

The Trump administration will ask Congress to make drastic changes to weaken the independence of the Consumer Financial Protection Bureau, NPR has learned.

Sources familiar with the matter tell NPR that the CFPB's interim director, Mick Mulvaney, will ask lawmakers

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