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AFR Statement: CFPB Needs a Champion of Consumers, Not an Employee of Mick Mulvaney

Submitted by on June 17, 2018 – 8:27 am
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FOR IMMEDIATE RELEASE

June 17, 2018

CONTACT: Carter Dougherty, carter@ourfinancialsecurity.org(202) 251-6700

AFR Statement on CFPB Director Nomination

“The CFPB needs a director with a strong consumer financial protection record in order to fulfill its mission,” said Lisa Donner, executive director, Americans for Financial Reform. “ The President should have nominated someone with a commitment to that mission months ago, not waited until the last minute to reveal a nomination designed to keep Mick Mulvaney in charge. This nomination is a move to keep the CFPB hobbled and under the thumb of the payday lenders and Wall Street law breakers.”

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