Acting CFPB chief mulls taking down public complaint database
Source: The Hill
BY SYLVAN LANE - 04/24/18 05:36 PM EDT
The acting director of the Consumer Financial Protection Bureau on Tuesday said that he might remove a database of complaints to the agency from public view.
Acting CFPB chief Mick Mulvaney said that the bureaus public consumer complaint database contained information not vetted by the agency that could be used unfairly against banks and lenders.
I dont see anything in here that says I have to run a Yelp for financial services sponsored by the federal government, Mulvaney said, referring to the Dodd-Frank Act, the 2010 law that established the bureau.
Mulvaneys remarks before a Washington, D.C., conference reflect his earlier pledges to make the CFPB more receptive to the concerns of banks. Bankers visiting Washington to push for rollbacks to Dodd-Frank gave Mulvaney a standing ovation as he promised to end the CFPBs record of regulation by enforcement.
Read more: http://thehill.com/policy/finance/384697-acting-cfpb-chief-mulls-taking-down-public-complaint-database
Mc Mike
(9,115 posts)doing nothing but destroy it.
I'd like to get a job like that running the RNC.
Nice work if you can get it.
AJT
(5,240 posts)Mc Mike
(9,115 posts)ThoughtCriminal
(14,050 posts)Misqualified really does not cover it. Republicans want people who are not just bad at their jobs, but in place to destroy it.
It's not like this is a secret agenda - they brag about it.