Consumer Protection Bureau Head Mulvaney Gave His Political Appointees Big Raises Because It’s Only “Waste” if Someone Else Is Spending It

When White House Budget Director Mick Mulvaney was installed as the acting head of the Consumer Financial Protection Bureau by President Trump as a hit job on the Obama-era financial regulatory agency, Mulvaney railed against the management of the agency, declared it “wasteful spending,” and submitted a quarterly budget request of exactly zero dollars to run the bureau, as he looked to bleed the regulator into non-existence.

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