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.
-
Massacre in the favela: Rio’s police take on the gangsIn the Spotlight The ‘defence operation’ killed 132 suspected gang members, but could spark ‘more hatred and revenge’
-
The John Lewis ad: touching, or just weird?Talking Point This year’s festive offering is full of 1990s nostalgia – but are hedonistic raves really the spirit of Christmas?
-
Codeword: November 15, 2025The daily codeword puzzle from The Week
-
Trump DOJ sues to block California redistrictingSpeed Read California’s new congressional map was drawn by Democrats to flip Republican-held House seats
-
GOP retreats from shutdown deal payout provisionSpeed Read Senators are distancing themselves from a controversial provision in the new government funding package
-
Catholic bishops rebuke Trump on immigrationSpeed Read ‘We feel compelled’ to ‘raise our voices in defense of God-given human dignity,’ the bishops said
-
House releases Epstein emails referencing TrumpSpeed Read The emails suggest Trump knew more about Epstein’s sex trafficking of underage women than he has claimed
-
Newsom slams Trump’s climate denial at COP30speed read Trump, who has called climate change a ‘hoax,’ declined to send any officials to this week’s summit
-
UK, Colombia halt intel to US over boat attacksSpeed Read Both countries have suspended intelligence sharing with the US over the bombing of civilian boats suspected of drug smuggling
-
Trump pardons 2020 fake electors, other GOP alliesSpeed Read The president pardoned Rudy Giuliani and more who tried to overturn his 2020 election loss
-
Supreme Court to decide on mail-in ballot limitsSpeed Read The court will determine whether states can count mail-in ballots received after Election Day
