Massachusetts Senator Elizabeth Warren’s biggest achievement from her time in Congress has been the creation of the Consumer Protection Financial Bureau, or CFPB, which was created to act as a watchdog for the financial industry following the 2008-09 financial crisis. Now, however, what she was really doing with the agency has been discovered, and it’s not good.
It was just reported that Trump just appointed Mick Mulvaney to head the CFPB. This is bad for Warren, considering that Mulvaney once called the agency a “joke” and said he does not think it should even exist. Mulvaney is the right man to run this agency, however, since he knows what a nightmare it really is.