Here's how Mick Mulvaney purposefully — and accidentally — bungled a government agency
President Trump's Chief of Staff Mick Mulvaney slowly took apart the Consumer Financial Protection Bureau before finding himself in the White House, The New York Times Magazine reported Tuesday.
The CFPB was created, in part, by Sen. Elizabeth Warren (D-Mass.) following the 2008 financial crisis. Per the Times, she envisioned it as an "economic equalizer for American consumers." But Mulvaney, then a member of Congress, was a fierce opponent of Warren's idea, believing it gave the federal government too much power over the market. Despite his disdain, he didn't hesitate to take over as the agency's director when called upon by Trump in 2017.
Slowly but surely, the Times reports, Mulvaney utilized bureaucratic inefficiencies, such as hiring his own people as "twins" for incumbent senior officials, to slow the agency's efforts down. The new hires, some of whom had little experience in consumer enforcement, reportedly brought with them their political agendas and served as barriers between the officials and Mulvaney, making communication difficult. Junior staffers also told the Times they had to play games of "telephone" to figure out what was going on in the agency because Mulvaney was so secretive.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
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.
But the dismantled efficiency wasn't all planned out — some of it had to do with inexperience. The Times writes that because Mulvaney had more experience interrogating regulatory agencies than running them, his own priorities "began to suffer." For instance, after he announced he was reconsidering a regulation, Mulvaney was unexpectedly stumped by how much red tape he had to go through to rewrite it. His staffers were forced to anyhow, despite having no new data that would serve as a basis for replacing the rule. The process stalled and the old rule might end up staying put unless Mulvaney's team comes up with something new by August. Read more at The New York Times Magazine.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Tim is a staff writer at The Week and has contributed to Bedford and Bowery and The New York Transatlantic. He is a graduate of Occidental College and NYU's journalism school. Tim enjoys writing about baseball, Europe, and extinct megafauna. He lives in New York City.
-
The week’s best photosIn Pictures A man's best friend, the elephants in the room, and more
-
A TikTok trend has Gen Z men leaving streetwear behind for more preppy attireThe Explainer More than a zipper: Young Black men embrace the ‘quarter-zip movement‘
-
Sudoku hard: December 12, 2025The daily hard sudoku puzzle from The Week
-
Democrat files to impeach RFK Jr.Speed Read Rep. Haley Stevens filed articles of impeachment against Health and Human Services Secretary Robert F. Kennedy Jr.
-
$1M ‘Trump Gold Card’ goes live amid travel rule furorSpeed Read The new gold card visa offers an expedited path to citizenship in exchange for $1 million
-
US seizes oil tanker off VenezuelaSpeed Read The seizure was a significant escalation in the pressure campaign against Venezuelan President Nicolás Maduro
-
Judge orders release of Ghislaine Maxwell recordsSpeed Read The grand jury records from the 2019 prosecution of convicted sex offender Jeffrey Epstein will be made public
-
Miami elects first Democratic mayor in 28 yearsSpeed Read Eileen Higgins, Miami’s first woman mayor, focused on affordability and Trump’s immigration crackdown in her campaign
-
Ex-FBI agents sue Patel over protest firingspeed read The former FBI agents were fired for kneeling during a 2020 racial justice protest for ‘apolitical tactical reasons’
-
Trump unveils $12B bailout for tariff-hit farmersSpeed Read The president continues to insist that his tariff policy is working
-
Trump’s Comey case dealt new setbackspeed read A federal judge ruled that key evidence could not be used in an effort to reindict former FBI Director James Comey
