The House Financial Services Committee has introduced legislation that would undo many of the Trump administration’s anti-consumer changes designed to dismantle the Consumer Financial Protection Bureau (CFPB).
Ranking member Maxine Waters (D-Calif.), recently announced H.R. 6972, the Consumers First Act, to reverse efforts by Mick Mulvaney, director of the Office of Management and Budget, to do away with the bureau.
Read on for highlights of the bill, which accuses Mulvaney of being unlawfully appointed.
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