Mulvaney Mulls Option of Moving CFPB Into Basement. Or Dallas.

CFPB Acting Director Mick MulvaneyRon Sachs/Zumapress

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What a piece of work these guys are:

Mick Mulvaney says he’s legally barred from shutting down the Consumer Financial Protection Bureau, a regulator he once called a “sick” joke.
But the agency’s acting director could move dozens of employees to the basement of its Washington headquarters. And he might try to relocate other staff members to Dallas.

….The analysis put together by Mulvaney’s advisers lays out multiple ways to trim the budget over the next two years. Requiring CFPB staff “without a business need to work in an office” to stay home could save as much as $18.3 million, while shared desks might reduce expenditures by another $18.3 million. Adding 70 work spaces in the basement of the CFPB’s main Washington building may save $16.6 million, and relocating staff to Dallas would decrease spending by $2.4 million.

Remember when Republicans effectively shut down the National Labor Relations Board by refusing to confirm enough members for it to have a quorum? And when they refused to allow a vote on any nominees to fill vacancies on the DC Circuit Court of Appeals? And when they first tried to sabotage the CFPB by blocking any confirmation of a director?

There’s not much more they can do on the CFPB front, and they can’t literally shutter the agency, so instead they’ve decided to make life miserable for its staff while they effectively halt its operation:

This is what the supposed working-class warriors of the Trump administration think of an agency that was designed to protect consumers from Wall Street. So far they have:

  • Sabotaged health care for the working class.
  • Effectively prevented the CFPB from reining in big banks.
  • Passed a big tax cut for the rich and big corporations.
  • Sided with payday lenders.
  • Implemented a tax increase on anything containing steel or aluminum.
  • Dismantled net neutrality as a gift to big broadband carriers.
  • Killed a plan to expand overtime pay.

There’s more, but I’m too lazy to keep going. Someone (*cough* Democrats *cough*) probably ought to drill all this into the heads of the working class folks who voted for Trump and his Republican enablers. So far the wealthy have done great under Trump, but the working class has gotten bupkis.

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Fact:

In-depth journalism that investigates the powerful takes real money and is so damn important right now.But it doesn’t take a Mother Jones investigation to know that billionaires and corporations will never fund the type of reporting (like they do politicians) we do that exists to help bring about change. Instead, our mission-driven journalism is made possible by people power, and has been for 46 years now since our founding as a non-profit.

In “TITLE TK” Monica Bauerlein writes about the perilous moment we’re in, and why it’s so important that we raise $325,000 by the time November’s midterms are decided so we can be ready to throw everything we have at the big issues facing the nation no matter what happens. Please help MoJo’s people-powered journalism with a donation today.

$400,000 to go!

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