Donald Trump was hostile to the CFPB from the start, and he said this as he shoehorned Mulvaney into the director’s chair.
Richard Cordray has become the latest high-ranking U.S. official to step aside in frustration with the Trump administration.
The CFPB isn’t being targeted because it has failed. It has been targeted because it is succeeding. It must be defended at all costs.
The battles to rein in Wall Street fraud and resist the right-wing assault on an independent judiciary are far from over.