Warren fires off 100-plus questions for CFPB's Mulvaney
WASHINGTON — Sen. Elizabeth Warren, D-Mass., is continuing to press acting Consumer Financial Protection Bureau Director Mick Mulvaney, sending him a list of more than 100 questions about the current operations of the agency she created.
After Mulvaney’s testimony to Congress earlier this month, Warren is calling on the acting CFPB director to answer questions “for the record” about his actions on the payday lending rule, his data freeze, and his hiring of political appointees, among other things.
Warren is also asking Mulvaney to clarify what he means when he says the CFPB will no longer do “regulation by enforcement” and explain why the Office of Fair Lending was stripped of its enforcement powers.
Warren has sparred with Mulvaney over his leadership at the CFPB since he was designated by President Donald Trump to serve as acting director after former director Richard Cordray resigned in November 2017.
Since taking over at the agency, Mulvaney, who also serves as Trump’s budget director, has halted enforcement actions against payday lenders, issued numerous public comment requests on the agency’s operations, and called on Congress to rein in the agency's power.
He also told a group of bankers Tuesday that he would halt the agency’s actions against indirect auto dealers, stop posting consumer complaints online and change the agency’s name to the Bureau of Consumer Financial Protection, or BCFP.