FOR IMMEDIATE RELEASE

April 11, 2018

CONTACT:

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

Consumer Groups Launch Website Tracking Mick Mulvaney’s Anti-Consumer Actions

 WASHINGTON, D.C. – Today, as Mick Mulvaney, the unlawfully appointed Acting Director of the Consumer Financial Protection Bureau (CFPB), testifies before the House Financial Services Committee, consumer groups announce the launch of a new website, www.ConsumersUnderAttack.org, which documents the many ways that his actions are harming consumers.

The website was created by the Center for Responsible Lending, Allied Progress, and Americans for Financial Reform. The site is intended to serve as a “one-stop” educational resource for consumers, media, advocacy organizations, and decision makers about the undermining of consumer financial protections by political appointees to the CFPB. Mulvaney will testify again tomorrow before the Senate Banking Committee.

Lisa Donner, the executive director of Americans for Financial Reform, issued the following statement:

“Mulvaney has spent four months doing the bidding of big banks and financial companies, notably the payday lenders, instead of policing them on behalf of the public. It defies the letter and the spirit of the law that created the CFPB to have a senior White House official directing an independent regulator, to block rather than advance the mission Congress gave it to protect consumers. Four months after Mulvaney arrived at CFPB, the Trump administration has failed to fulfill the basic task of nominating a permanent director.”

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