Consumer Financial Protection Bureau Consumer Financial Protection Bureau

The Rev. Sekinah Hamlin (left) of Greensboro, N.C., and the Rev. Dr. Jack Sullivan Jr., of Findlay, Ohio, were among the faith leaders protesting outside the payday lenders conference near Miami. Greg Allen/NPR hide caption

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Payday Lenders Convening At A Trump Resort Are Met By Protesters

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A man walks by a New York City auto dealership in 2017. Studies have found that African-Americans and Hispanics have systematically been charged a higher markup on auto loans than have white borrowers. Spencer Platt/Getty Images hide caption

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Mick Mulvaney arrives at the Consumer Financial Protection Bureau on Nov. 27, 2017, after being named director by President Trump. Mulvaney's appointment is being challenged in court by Leandra English, who had been appointed to that position by outgoing Director Richard Cordray. Alex Wong/Getty Images hide caption

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Mick Mulvaney, interim director of the Consumer Financial Protection Bureau, wants to give Congress prior approval of any major new rules created by the bureau. Brendan Smialowski/AFP/Getty Images hide caption

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Brendan Smialowski/AFP/Getty Images

Proposed cuts in funding for the Consumer Financial Protection Bureau come amid questions about Trump appointee Mick Mulvaney softening the agency's stance on payday lenders. Joshua Roberts/Reuters hide caption

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Joshua Roberts/Reuters

Trump Administration's Latest Strike On CFPB: Budget Cuts

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Office of Management and Budget Director Mick Mulvaney is also the interim director of the Consumer Financial Protection Bureau. Carolyn Kaster/AP hide caption

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Carolyn Kaster/AP

Trump Administration Plans To Defang Consumer Protection Watchdog

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Mick Mulvaney, a former Republican lawmaker and current White House budget chief, was also picked as interim head of the Consumer Financial Protection Bureau. Astrid Riecken/Getty Images hide caption

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Under Trump Appointee, Consumer Protection Agency Seen Helping Payday Lenders

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Starting this week, there are two people appointed to the job of acting director of the CFPB, and it's unclear who will get to stay. Mick Mulvaney, President Trump's current budget director and pick for the position, has gone on the record supporting the elimination of the bureau, which would make it easier for loan services to take advantage of borrowers. Jacquelyn Martin/AP hide caption

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Mick Mulvaney, director of the Office of Management and Budget, was on Friday named acting director of the Consumer Financial Protection Bureau by President Trump. But before resigning earlier in the day, CFPB Director Richard Cordray had named Leandra English to be his interim successor. Astrid Riecken/Getty Images hide caption

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Richard Cordray, who was appointed by President Barack Obama, is stepping down as head of the Consumer Financial Protection Bureau. Saul Loeb/AFP/Getty Images hide caption

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Richard Cordray, director of the Consumer Financial Protection Bureau, testifies before a Senate committee last year. The Trump administration is trying to bring the independent bureau under the president's direct control. Alex Wong/Getty Images hide caption

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John Stumpf, chairman and CEO of Wells Fargo. Stumpf testifies today before the Senate Banking Committee about his bank employees opening unauthorized customer accounts. Jeff Chiu/AP hide caption

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Regulators announced Thursday that Wells Fargo is being fined $185 million to settle allegations that it secretly opened unauthorized accounts for customers in order to meet sales goals. Ben Margot/AP hide caption

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'Mystery Shoppers' Help U.S. Regulators Fight Racial Discrimination At Banks

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