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CFPB's Mick Mulvaney gives lobbying advice to bankers, further infuriating consumer advocates

Wednesday, April 25, 2018
Jim Puzzangher | The Lost Angeles Times
Deborah Goldstein

"Mick Mulvaney has just told bankers he can hide their misconduct from the public by making the complaint database private," said Debbie Goldstein, executive vice president of the Center for Responsible Lending. "If he does so, he will be making it easier for predatory lenders to fleece consumers. That would violate the mission that Congress gave the consumer bureau: to protect consumers and make markets more transparent."