Report: Trump Considers Naming Mick Mulvaney as Interim CFPB Director

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President Donald Trump may nominate Office of Management and Budget Director Mick Mulvaney to head the Consumer Financial Protection Bureau (CFPB) temporarily, according to Bloomberg News.


Current CFPB Director Richard Cordray announced on Wednesday that he will step down at the end of the month; Republicans frequently chastised Cordray, alleging that he abused his power as director of the agency.

Sources with inside knowledge of the matter said that Mulvaney and Treasury Secretary Steven Mnuchin have been considered to run the CFPB temporarily, while President Trump looks to find a replacement.

The White House has considered George Mason University…

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