Likely Mulvaney interim Consumer Financial Protection Bureau pick would be the right choice

Nov. 16, 2017, Fairfax, Va.—Americans for Limited Government President Rick Manning today issued the following statement praising the likely choice of Mick Mulvaney to be the interim director of the Consumer Financial Protection Bureau:

“Mick Mulvaney has the proven steady hand to be in the process of the righting the ship at the Consumer Financial Protection Bureau. It is extremely important for President Trump to have someone he trusts in this important temporary role. Given the confirmation challenge facing any permanent replacement for Richard Cordray, the President’s quick action in placing Mulvaney into this role is important to put his imprint on the regulations that the Consumer Financial Protection Bureau has been imposing. With Mulvaney as acting director of the Consumer Financial Protection Bureau, the American people can be assured that the agency will not continue Cordray’s practice of issuing economy-crippling regulations at this critical time for our nation’s financial services industry. Mulvaney’s likely appointment as acting director of this agency should not lessen Congress’ resolve to end the unconstitutional delegation of funding oversight authority that created the Consumer Financial Protection Bureau.”

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