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Trump Considers Naming Mulvaney Interim CFPB Director

  • OMB head would oversee consumer regulator on temporary basis
  • GOP is eager to start defanging agency they’ve long villified
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Sen. Rounds Says CFRB a 'Rogue Agency'

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Mick Mulvaney once called the Consumer Financial Protection Bureau “a sad, sick joke.” Now, he may get to oversee Elizabeth Warren’s favorite regulator.

Mulvaney, President Donald Trump’s Office of Management and Budget director, is being considered for a temporary role as interim director of the consumer watchdog after Richard Cordray steps down later this month, according to two people familiar with the matter. Mulvaney would be expected to name someone else or a team of people to run the CFPB on a day-to-day-basis so he could keep his focus on OMB, said one of the people.