Acting CFPB chief mulls taking down public complaint database

[Judi Lynn]

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 bureau’s public consumer complaint database contained information not vetted by the agency that could be used unfairly against banks and lenders.

“I don’t 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.

Mulvaney’s 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 CFPB’s record of “regulation by enforcement.”

Read more: http://thehill.com/policy/finance/384697-acting-cfpb-chief-mulls-taking-down-public-complaint-database

[Mc Mike]

1. Great job he has. Heading up a Bureau he wants to destroy, then

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]

2. That's pretty much describes all of the people 45 has installed.

[Mc Mike]

3. GOP SOBs SOP. NT

[ThoughtCriminal]

4. Malqualified

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.

[dalton99a]

5. Kick