January 08, 2018

The Hill: Warren blasts Mulvaney for 'unjustified' actions at consumer bureau

Sen. Elizabeth Warren (D-Mass.) accused the acting director of the consumer bureau of using concerns about cybersecurity to sabotage the agency's oversight of the financial sector.

Warren, in a letter released Monday, said acting Consumer Financial Protection Bureau Director Mick Mulvaney had been "hobbling the agency" by suspending data collection.

"I fear that the freeze in data collection has in practice fundamentally changed how the CFPB interacts with its regulated entities," wrote Warren to Mulvaney, also the director of the Office of Management and Budget, and deputy director Leandra English on Jan. 4.

Read the full article on The Hill's website here.