Mulvaney's CFPB Rebranding Influenced by Democrat, Emails Reveal
- Internal communications show debate over regulator’s new seal
- Mulvaney’s selection is quite similar to one picked by Cordray
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U.S. Senator Elizabeth Warren has accused Mick Mulvaney of waging war on consumers by transforming an aggressive financial regulator into an industry lapdog.
She’s not wrong that he’s been proactive. Since taking over the Consumer Financial Protection Bureau in November, Mulvaney has dropped investigations into payday lenders, pledged to soften rules and even unveiled a new eagle-emblazoned seal.