Rep. Meeks Statement on CFBP Acting Director Mulvaney's Budget Request for $0

Statement

After learning today that Acting Director of the Consumer Financial Protection Bureau (CFPB), Mick Mulvaney, asked to zero out the budget, senior member of the Financial Services Committee and fierce defender of the CFPB, Congressman Meeks, released the following statement:

"Acting Director Mulvaney's request confirms what we have known since the President appointed him: that he is a Trojan horse sent to destroy the CFPB from within. Mr. Mulvaney, who is concurrently working as Director of the Office of Management and Budget, does not believe the CFPB is worth his full-time attention, and now, apparently, he does not think that the Bureau is worth even one cent. I think the nearly 30 million harmed Americans who have received relief from the CFPB would disagree.

"Mr. Mulvaney claims that the budget cut will "serve to reduce the federal deficit." Yet, if President Trump and his administration w so concerned about the federal deficit they wouldn't have ballooned it by trillions of dollars to give tax breaks mostly to the wealthiest people in our country."

"While Republicans continue their onslaught on the CFPB, which provides relief to everyday Americans, I'll do everything in my power to protect it and them."

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