June 6, 2018
Dismantling Consumer Advisory Board Shows Mulvaney Doesn’t Care About His Agency’s Mission
Statement of Lisa Gilbert, Vice President of Legislative Affairs, Public Citizen
Note: Mick Mulvaney, acting director of the U.S. Consumer Financial Protection Bureau (CFPB) on Tuesday dismissed the agency’s Consumer Advisory Board. According to reports, the move came after he had canceled two meetings with the panel with little notice. The members are scheduled to be removed in September.
Removing the consumer group members of the Consumer Advisory Board is just one more example of Mick Mulvaney’s careless disregard for the actual mission of his agency. The statutorily mandated consumer board is a key part of the process at the CFPB, and the Main Street American consumer perspective it brings is critical to the functioning of the agency.