10 things you need to know today: November 28, 2017

Mulvaney freezes new rules on first day in contested job, second GOP senator comes out against tax plan, and more

Mick Mulvaney walks to the White House
(Image credit: Alex Wong/Getty Images)

1. Mulvaney freezes hiring and new rules on first day in contested watchdog job

White House budget director Mick Mulvaney ordered a freeze on hiring and new rule-making at the Consumer Financial Protection Bureau on Monday, the first work day since President Trump named him as the watchdog's acting director. Mulvaney's announcement came a day after the agency's chief of staff filed a lawsuit saying she was the "rightful acting director" as deputy of former director Richard Cordray in accordance with the law establishing the CFPB. Mulvaney is a longtime critic of the CFPB, which Trump and other Republicans also have slammed as being too aggressive against banks, and he said he wanted the agency to "protect people without trampling capitalism."

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
Explore More
Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.