CHARLOTTE – Congressman Robert Pittenger (NC-09) issued this statement on President Trump’s decision to appoint Mick Mulvaney as Acting Director of the Consumer Financial Protection Bureau:
“Richard Cordray and his cronies are fighting hard to maintain a leadership structure which the D.C. Court of Appeals has already ruled to be unconstitutional. That should concern every American. Why do liberals think our economy and personal finance should be ruled by an unaccountable, unconstitutional bureaucrat?
“President Trump and Acting Director Mulvaney are committed to protecting American consumers, but doing so the American way, with oversight and accountability. This is a win for ordinary Americans.”
As a Member of House Financial Services Committee, Congressman Pittenger has been involved in several legislative efforts to reform the CFPB. This includes co-sponsoring the Financial CHOICE Act (H.R. 10, passed the House on June 8th) and securing passage of legislation requiring CFPB to give consideration to small businesses when creating new regulations (H.R. 1195, passed the House in April 2015).