Nonprofits Call For Probe Of Mulvaney's Payday Lender Ties

Law360 (July 25, 2018, 8:28 PM EDT) -- The Consumer Financial Protection Bureau’s acting Director Mick Mulvaney has shown favoritism to the payday lending industry through his leadership of the agency and may have violated ethics rules in the process, two public interest groups said Tuesday.

Americans for Financial Reform and Change to Win said they’ve asked for the CFPB’s inspector general to open an investigation into whether Mulvaney has broken federal rules barring public officials from giving special treatment to private parties, arguing that his words and actions as the agency’s interim chief have reflected a pro-payday lender bias that goes back to his days as a Republican...

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