Washington, D.C. – Congressman Ralph Norman (SC-05) has released the following statement in response to OMB Director Mick Mulvaney’s appointment to serve as Acting Director of the Consumer Financial Protection Bureau (CFPB):
"The recent actions conducted by a rogue CFPB staffer highlights the fact that the out-of-control agency needs to be reined in. Federal agencies must operate by the law and be held accountable. The CFPB’s General Counsel confirmed that, as well as under the Obama Administration in a previous case, the President has the authority in appointing an acting director.
“I applaud President Trump for appointing my good friend, Mick Mulvaney, to Acting CFPB Director. He has a great amount of experience in the financial services policy arena and has clearly demonstrated that he will do a fantastic job.
