Mulvaney Takes Bold New Action at CFPB

This is the lovely new seal Mulvaney commissioned to announce his revised name for the bureau.CFPB

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Mick Mulvaney, in a bid to show how serious he is about changing things at the Consumer Financial Protection Bureau, has proposed changing its name to…

The Bureau of Consumer Financial Protection.

That should get things rolling! He also commissioned a new logo, a time-honored activity for CEOs who don’t really have anything better to do. I suppose it’s better than redecorating his office, though. In the meantime, the BCFP has taken exactly zero actions to protect consumers since Mulvaney took over, and he told Congress today that the bureau’s new mission is “to recognize free markets and consumer choice.” In other words, to do nothing to protect consumers, who are now on their own. Lovely.

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We don't answer to billionaires. We answer to you.

You've watched it happen in real time: corporate media cutting staff, killing stories, and bending to power. The giants of American media have owners to protect, and the truth pays the price.

None of it should surprise us. The problem with American journalism has always been that we entrusted this vital public service to for-profit companies whose allegiance could shift with the political winds and the bottom line.

That is why Mother Jones is independent from billionaires, corporations, and any other deep-pockets owner—and has been since we were founded 50 years ago. We’re only answering to our readers. To you.

We’re funded by our readers too. This week, we have a generous $50,000 match for all donations, meaning that your donation—and your impact—will be doubled. Gifts from readers like you help keep us fiercely independent and telling the truth about those in power.

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