Mick Mulvaney testifies in February before the Senate Budget Committee about the Trump administration’s budget. Credit: Diego M. Radzinschi / NLJ
Or is it the BCFP? The agency’s Trump-appointed interim director says he’s just sticking to the statute.
April 27, 2018 at 02:30 PM
1 minute read
The original version of this story was published on National Law Journal
Speaking before a crowd of 1,300 bankers and lending industry officials this week, Mick Mulvaney addressed what he considers an original sin at the Consumer Financial Protection Bureau: calling itself the “CFPB” rather than its statutory name, the Bureau of Consumer Financial Protection.
Mulvaney, the bureau’s interim leader, said he was “trying to get in the habit of now saying the ‘BCFP.’” The shift hasn’t been easy.
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