here's a look at our life coverage for wednesday on the c-span networks. on c-span, the house returns for work on a bill to reverse changes recently made at the consumer financial protection bureau. turn in at 10-eastern for speeches and at noon for legislative business. the senate is back at 9:30 eastern to continue work on judicial nominations with debate and votes expected for a number of u.s. district judges. that is live on c-span two. on c-span three, treasury secretary steven mnuchin heads to capitol hill for hearing

before the house financial services committee chaired by maxine waters. he will face questions on the international monetary system starting at eight:30. later in the afternoon another house panel hears testimony on securing u.s. voting systems for the 2020 election. >> with the house taking up a bill on the consumer financial protection bureau, we are joined by sylvan lane, finance reporter for the hill. the cf bp was created during the obama administration. how has the trump administration attempted to change the practices so far? >> democrats are always incredibly supportive of the bureau, republicans and a lot of groups in the financial services industry, advocates for banks and credit unions all said the bureau was overstepping its mandate and was being too aggressive and was overreaching and its powers which they said were also way

too much for anyone independent agency. when mick mulvaney became the acting director of the cfbp in 2017 he started acting. he pulled back the oversight and started collecting less data. he sought to revise and weaken a lot of rules that have been released under the obama administration and the previous director and basically followed a checklist of all of the republican industry grievances with the agency in order to pull it back and make it have less of a footprint. house democrats are calling the built the consumer's first act, how would the bill reverse some changes made so far during the trump administration? >> the bill would flick flip it back to november 2017 when mulvaney took over. he reorganized several agencies to reduce their independence and influence. he brought more control over

the bureau's oversight enforcement mechanisms. underneath the director's office, he ended data collection practices and organized and rebranded the bureau to the point where it was not called the consumer financial protection bureau but the bureau of consumer financial protection. some changes have been reversed under the new director . but this bill would do was codify it so no director could ever do what mulvaney did again and return the agency to the state it was in before mulvaney took over. >> a lot of your recent articles uses the word reverses. house eyes vote on reversing mulvaney efforts to rein in conservative bureau. the chair of the financial services committee, mick mulvaney served as director. what has been the working relationship between mick mulvaney and chairman waters, and what are some of the issues she found most objectionable that the bureau has done so far?

>> the relationship was extremely tense. these are two people who are diametrically opposed on almost every political issue, but especially the cfbp. he was actually a member of the financial services committee which waters chairs. waters was incredibly frustrated with mulvaney's efforts to pull back a lot of the supervision and the enforcement a lot of the bureaus regulations. she was particularly concerned about situations that were going on in the office of fair lending which was reorganized so the director would have more direct control over it and would have less in dependence to pursue cases of racial discrimination in lending, anything else that could cause one american to get a worse deal from a bank or lender and another. i was one of her main areas of concern. she used every opportunity she could to try to get mulvaney to reverse that or ramp up the political pressure. >> moments ago you mentioned kathy took over as the director of the cfbp in december 2018.

a recent headline said consumer bureau chief reverses efforts to sideline advisory panels. what has she done so far? and how has it been perceived by democrats? >> one thing she has done so far, she is a full-time director of the cfbp now. mulvaney came in with a different mission and she understands she has a long- term vision to implement. when she has tried to emphasize moving the bureau to a middle ground. not under democrats and not under mulvaney but more of a middle ground. she has done some things, reversed some things mulvaney has done like the rebranding the bureau. she has reorganized some advisory boards that mulvaney had eliminated or trained the membership of. and she has insisted on taking more of a middleground approach, a more balanced approach to revising rules and regulations. >> back to the bill, it is called consumers first act,

the 17th amendment is allowed under the rule. >> one amendment i am interested in is an amendment that would institute a memorandum of understanding between the cfbp in the education department so it would be able to get data from the education department as it pursues cases involving student loans and its oversight of federal student loan servicers. this is something that ended when betsy devos came into the education department. and something that haniger has said she is not okay with it. she needs more information to be able to pursue those cases and oversight of loan servicers. that is one thing i'm keeping an eye on. another amendment is from republicans that would take the barrels funding and put under congressional control. the bureau is currently funded through the federal reserve system. the director can request a certain amount of money and the fed is obligated to give them the full request up to $700 million. this provision would subject

the cfbp to congressional control for spending like a wide array of departments and agencies that congress does control funding for. but this has been something the democrats have opposed at every turn. it is unlikely to get any support in the democratic house right now. >> our guest, sylvan lane is finance reporter for the hill. read his other reporting at the hill.com and online at twitter. thank you so much. for 40 years c-span has been providing american unfiltered coverage of congress, the white house, the supreme court and public- policy events from washington dc and around the country. so you can make up your own mind. created by cable in 1979, c- span is brought to you by a local cable or satellite provider. c-span, your unfiltered view of government.