Elizabeth Warren and Mick Mulvaney face off over consumer protection bureau
President Trump and Acting Director Mick Mulvaney have charted a dramatically different course for the Consumer Financial Protection Bureau, the brainchild of Sen. Elizabeth Warren that was...
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JUDY WOODRUFF: The federal Consumer Financial Protection Bureau was created by Congress and President Obama in 2010 to focus on curbing predatory practices and other problems with lenders. But there has always been division over its mission. It's been applauded by most Democrats, vilified by many Republicans and by the industry. President Trump and its acting director have charted a dramatically different course for the bureau. Today, as William Brangham tells us, those two visions collided in a showdown on Capitol Hill. WILLIAM BRANGHAM: The acting director of the CFPB, as it's often called, is Mick Mulvaney. He's also the president's budget director. The day he took or the agency four months ago, he said the agency was an awful example o...
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JUDY WOODRUFF: The federal Consumer Financial Protection Bureau was created by Congress and President Obama in 2010 to focus on curbing predatory practices and other problems with lenders. But there has always been division over its mission. It's been applauded by most Democrats, vilified by many Republicans and by the industry. President Trump and its acting director have charted a dramatically different course for the bureau. Today, as William Brangham tells us, those two visions collided in a showdown on Capitol Hill. WILLIAM BRANGHAM: The acting director of the CFPB, as it's often called, is Mick Mulvaney. He's also the president's budget director. The day he took or the agency four months ago, he said the agency was an awful example o...
