Doubling down on one of four recommendations included in his first semi-annual report to Congress as acting director of the Consumer Financial Protection Bureau (CFPB), Mick Mulvaney emphasized to the House Financial Services Committee that he believes the bureau should be put under congressional appropriations.
Mulvaney also fielded questions regarding the bureau’s recent dismissals of cases against payday lenders, the bureau’s structure, his decision to move the Office of Fair Lending and Equal Opportunity into the director’s office and the bureau’s remittance rule, among other topics.
Find out more details about what was discussed during the House committee hearing.