Mulvaney Wants More Political Appointees in Place at CFPB

Acting Consumer Financial Protection Bureau Director Mick Mulvaney is looking to add more political appointees to the agency’s ranks in the near future, pairing them with senior civil servants in areas such as supervision, regulations, and enforcement.

That structure is the traditional model for agencies like the Office of Management and Budget, where Mulvaney is also permanent director, and one that Mulvaney said he believes would work well at the CFPB. Mulvaney has long been a critic of the six-year-old agency and its leadership structure, endowed with a single director rather than a commission.

“Maybe they didn’t think they needed ...