"Anyone that has been around for a reasonable amount of time recognizes that large Boards only have from 6 to 12 of the members that are active, supportive, knowledgeable, etc., so Mulvaney is only recognizing this by establishing a "working" Board!"
Related: CFPB advisory board 2.0: Far fewer members
"It's 3 simple questions: Can Mulvaney define the word usury? Does he believe usury exists in consumer credit? Is he willing to protect consumers from being shackled or burdened with debt they can never dig themselves out of or continue to allow companies to circumvent existing usury laws?"
Related: In a twist, Mulvaney now defending CFPB enforcement powers