CFPB Chief Mick Mulvaney Undercuts Penalty Against Payday Lender
On Wednesday, U.S. Consumer Financial Protection chief Mick Mulvaney levied a $200,000 penalty against a payday lender for harassing borrowers. While the punishment may seem a fitting penalty, Reuters reports that the $200,000 fine falls far short of the $3,000,000 Mulvaney’s predecessor was seeking. The settlement ended a CFPB investigation into Cash Express LLC, which










