After Consumer Financial Protection Bureau Freezes Data Collecting, Sen. Elizabeth Warren Demands Reversal

A federal court last week again ruled in favor of Mick Mulvaney as the rightful head of the Consumer Financial Protection Bureau, which strengthens his hand on such issues as the recent decision to freeze data collection in light of cybersecurity concerns. But Sen. Elizabeth Warren, D-Mass., who conceived the idea of the consumer agency, which… Please follow and like us:

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Senate panel approves Trump pick for Fed chairman

WASHINGTON — A Senate committee has approved Jerome Powell’s nomination to replace Janet Yellen as head of the Federal Reserve. Tuesday’s 22-1 vote by the Senate Banking Committee clears the way for full Senate approval in the coming weeks before Yellen’s term ends Feb. 3. The only “no” vote came from Sen. Elizabeth Warren, D-Mass. Powell,… Please follow and like us:

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Mick Mulvaney seeks more Trump appointees to help him ‘refocus’ consumer bureau

Interim Consumer Financial Protection Bureau Director Mick Mulvaney said Thursday that he wants to bring more Trump political appointees on board at the agency as he pores over its books and considers halting dozens of pending cases targeting businesses. “We’re trying to get help over here,” Mr. Mulvaney told The Washington Times in an interview. “It’s… Please follow and like us:

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Trump’s pick for ‘watchdog’ agency sets hiring freeze

Mick Mulvaney, director of the Office of Management and Budget and President Trump’s selection for acting director of the Consumer Financial Protection Bureau (Photo: Flickr) WASHINGTON – White House budget director Mick Mulvaney says he has ordered a 30-day suspension on regulations and a hiring freeze at the Consumer Financial Protection Bureau amid a contentious legal… Please follow and like us:

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Senators slam Equifax for making money off massive data breach and no-bid IRS contract

WASHINGTON — Senators on Wednesday slammed Equifax Inc. for making money off its massive data breach and said Americans should have more control over the vast amount of sensitive personal information that credit reporting companies have about them. “Equifax and this whole industry should be completely transformed,” Sen. Elizabeth Warren, D-Mass., told former company chief executive… Please follow and like us:

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