Mick Mulvaney Puts all CFPB Operations Under Review

Mick Mulvaney, the acting director of the Consumer Financial Protection Bureau (CFPB), said Wednesday that he is launching a review of all the federal consumer watchdog agency's policies and priorities. The review is the clearest sign yet that the future direction of the CFPB will be dramatically different than it was under the Obama administration. Mulvaney said in a statement that he is putting out formal requests for information for all "activities" of the bureau. Requests for information are a beginning step by federal agencies such as the CFPB to make changes to any rules they may have already put into place, reports CBS News .