Mick Mulvaney’s Master Class in Destroying a Bureaucracy From Within

Mick Mulvaney’s Master Class in Destroying a Bureaucracy From Within

7/21/2019

link

https://www.nytimes.com/2019/04/16/magazine/consumer-financial-protection-bureau-trump.html

summary

This article from The New York Times Magazine examines the Consumer Financial Protection Bureau (CFPB) under the Trump administration. It delves into the history of the CFPB, which was established after the 2008 financial crisis to protect consumers from unfair practices by financial companies. The article discusses how the CFPB, once seen as a powerful force in protecting consumers, has faced significant changes and setbacks under the Trump administration. It highlights the shift in priorities, reduction of enforcement and regulation, and the challenges faced by the bureau. The article also offers insights into the impact of these changes on consumers and the financial industry as a whole.

tags

consumer financial protection bureau ꞏ cfpb ꞏ trump administration ꞏ financial regulation ꞏ financial services ꞏ consumer protection ꞏ financial industry ꞏ government agencies ꞏ politics ꞏ trump policies ꞏ dodd-frank act ꞏ wall street ꞏ banking sector ꞏ financial reform ꞏ consumer rights ꞏ financial institutions ꞏ financial oversight ꞏ regulatory agency ꞏ trump's agenda ꞏ financial legislation ꞏ financial sector ꞏ financial misconduct ꞏ financial transparency ꞏ financial scams ꞏ financial enforcement ꞏ financial accountability ꞏ government accountability ꞏ financial regulations ꞏ financial policy ꞏ economic policy ꞏ financial industry regulations ꞏ financial education ꞏ financial advocacy ꞏ financial products ꞏ financial services industry