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Stock impact report

Consumer protection bureau losing its teeth [USA TODAY]

Equifax, Inc. (EFX) 
Last equifax, inc. earnings: 4/20 05:24 pm Check Earnings Report
US:NYSE Investor Relations: investor.equifax.com
Company Research Source: USA TODAY
Acting director Mick Mulvaney is turning the financial watchdog into a corporate lapdog: Our view Mick Mulvaney, acting director of the Consumer Financial Protection Bureau. (Photo: Susan Walsh, AP) CONNECT TWEET LINKEDIN COMMENT EMAIL MORE For nearly seven years since it began, the federal government’s first agency dedicated to protecting consumers  fought successfully to prevent rip-offs by credit card and loan issuers, debt collectors, payday lenders and other big financial players.  Now, in less than three months, Mick Mulvaney, the acting director named by President Trump , is dismantling the Consumer Financial Protection Bureau (CFPB) piece by painful piece.  Mulvaney, who also has a demanding day job as the White House budget director, is doing just what many Republicans and their business allies have long wanted, reining in the only federal agency that has stood up for the little guy, collecting nearly $12 billion compensation fo Show less Read more
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