Since electing to use reserve funds on hand at the Consumer Financial Protection Bureau (CFPB) to finance the agency’s expenses in the second quarter of 2018, acting director Mick Mulvaney begrudgingly has utilized his authority to request federal funds without having to go through Congress.
He reiterated in his previously contended belief that the bureau should be placed under congressional appropriations in his first-quarter funding request for 2019.
Find out more about how much the bureau asked for and how it compares to requests submitted by former Director Richard Cordray.