[image-1] During the Obama administration, former S.C. Congressman Mick Mulvaney proposed eliminating the Consumer Financial Protection Bureau altogether.

During the Trump administration, Mulvaney was put in charge of the agency.

Now as its director, Mulvaney has dialed back aggressive regulatory actions taken by the agency that was created in the wake of the Great Recession. Among those is ending a long-running legal battle to punish predatory companies that rope Americans living paycheck-to-paycheck into sky-high interest rates on loans to help them get by until payday.

This week, NPR’s Planet Money takes a look at Mulvaney’s stellar work to “dismantle a federal agency from the inside.”


Stay cool. Support City Paper.

City Paper has been bringing the best news, food, arts, music and event coverage to the Holy City since 1997. Support our continued efforts to highlight the best of Charleston with a one-time donation or become a member of the City Paper Club.