Mick Mulvaney

Head of consumer watchdog asks Congress to weaken his powers

Head of consumer watchdog asks Congress to weaken his powers

Since taking control of the Consumer Financial Protection Bureau last year, Mick Mulvaney has not shied away from controversy.

He has launched a top-to-bottom review of the watchdog agency's operations and rolled back cases against payday lenders, drawing heavy criticism from Democrats and consumer advocates. Mulvaney has even joked about the angst his position at the top of the consumer watchdog has caused Sen. Elizabeth Warren, D-Mass., who helped establish the agency.

"Despite what you might have read, I'm pretty sure that I'm not the devil," Mulvaney told a group of state attorneys general last month. "So all the stuff that you've read about me and the CFPB,...

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