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President Trump Fires The Entire Board Of Top Democrat Federal Agency

WAPO – Mick Mulvaney, acting director of the Consumer Financial Protection Bureau, fired the agency’s 25-member advisory board Wednesday, days after some of its members criticized his leadership of the watchdog agency.

The CFPB said it will revamp the Consumer Advisory Board, known as the CAB, in the fall with all new members.

On Monday, 11 CAB members held a news conference and criticized Mulvaney for, among other things, canceling legally required meetings with the group.

“The outspoken members of the Consumer Advisory Board seem more concerned about protecting their taxpayer funded junkets to Washington, D.C., and being wined and dined by the Bureau than protecting consumers,” he said.

That’s right folks, the CFPB will revamp the Consumer Advisory Board, known as the CAB, in the fall with all new members with fresh ideas.

So on Monday, 11 CAB members held a news conference to criticize Mulvaney for, among other things, canceling legally required meetings with the group, only two days later the 23 group members were notified that they were being replaced and that they could not reapply for spots on the new board.

“The outspoken members of the Consumer Advisory Board seem more concerned about protecting their taxpayer-funded junkets to Washington, D.C., and being wined and dined by the Bureau than protecting consumers,” he said.

The CFPB will now hold more town halls and roundtable discussions and the new CAB will have fewer members but those members will be impartial and start putting consumers first.

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