Economy

Mulvaney fires all 25 members of CFPB’s advisory board

By Gabby Morrongiello
Published June 7, 2018 1:14am ET
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Mulvaney fires all 25 members of CFPB’s advisory board
FILE - In this Tuesday, Feb. 13, 2018, file photo, budget director Mick Mulvaney testifies before the Senate Budget Committee on Capitol Hill in Washington, on President Donald Trump's fiscal year 2019 budget proposal. Documents obtained by The Associated Press show that Mulvaney, Trump's appointee to oversee the Consumer Financial Protection Bureau, has given big pay raises to the deputies he hired to help him run the bureau. | AP Photo/Susan Walsh, File

Acting head of the Consumer Financial Protection Bureau Mick Mulvaney fired all 25 members of the agency’s internal advisory board on Wednesday, following criticism of his leadership by several board members earlier this week.

Mulvaney took control of the federal consumer watchdog agency earlier this year.

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CFPB Credit Cards Elizabeth Warren Finance Mick Mulvaney OMB