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.
-
A luxury walking tour in Western AustraliaThe Week Recommends Walk through an ‘ancient forest’ and listen to the ‘gentle hushing’ of the upper canopy
-
What Nick Fuentes and the Groypers wantThe Explainer White supremacism has a new face in the US: a clean-cut 27-year-old with a vast social media following
-
5 highly amusing cartoons about rising health insurance premiumsCartoon Artists take on the ACA, Christmas road hazards, and more
-
Trump HHS moves to end care for trans youthSpeed Read The administration is making sweeping proposals that would eliminate gender-affirming care for Americans under age 18
-
Jack Smith tells House of ‘proof’ of Trump’s crimesSpeed Read President Donald Trump ‘engaged in a criminal scheme to overturn the results of the 2020 presidential election,’ hoarded classified documents and ‘repeatedly tried to obstruct justice’
-
House GOP revolt forces vote on ACA subsidiesSpeed Read The new health care bill would lower some costs but not extend expiring Affordable Care Act subsidies
-
Hegseth rejects release of full boat strike footageSpeed Read There are calls to release video of the military killing two survivors of a Sept. 2 missile strike on an alleged drug trafficking boat
-
Trump vows naval blockade of most Venezuelan oilSpeed Read The announcement further escalates pressure on President Nicolás Maduro
-
Kushner drops Trump hotel project in SerbiaSpeed Read Affinity Partners pulled out of a deal to finance a Trump-branded development in Belgrade
-
Senate votes down ACA subsidies, GOP alternativeSpeed Read The Senate rejected the extension of Affordable Care Act tax credits, guaranteeing a steep rise in health care costs for millions of Americans
-
Abrego García freed from jail on judge’s orderSpeed Read The wrongfully deported man has been released from an ICE detention center
