that had been administered and released under the obama administration in the previous director richard cordray and basically followed a checklist of all the republican industry grievances with the agency in order to pull it back and make up less of a footprint. .. he ended certain data collection practices and organized and rebranded the bureau, it wasn't called the consumer financial protection bureau. and some have been under the new director. would codify so no director could do what mulvaney did and return the agency to the state it was in before mulvaney took over. one of the articles talked about reversing, the legislation by maxine waters the chair of financial services committee, mick mulvaney served as director as you pointed out. what's the working relationship between mick mulvaney and chairman waters and what are some of the issues that she found most objectionable that the bureau has done so far? >> so the relationship was extremely tense. these are two people who are die metricically opposed. mick mulvaney was on the committee that waters chairs. and she was frustrated of mulvane

under the leadership of its irst director, richard cordray, the consumer bureau was a resounding success. during that time, the agency put nearly $12 billion back in the pockets of over 30 million consumers who were harmed by financial institutions. the agency put in place important new protections so that consumers no longer had to worry about exploding mortgages, hidden prepaid card fees, or unnecessary foreclosures due to weak servicing standards. the consumer bureau also helped to take the confusing jargon out of various financial products, such as financial loans, by creating tools students can use to compare financial aid and cost when deciding where to go to college. but donald trump and his appointees have made it their mission to destroy the consumer bureau from within. mick mulvaney, who was trump's director of the office of management and budget, before trump inappropriately installed him as acting director of the consumer bureau, made it his mission to dismantle the agency from the inside. in fact, enforcement actions have fallen by 75% under trump's appointees. there have be

under director richard cordray's leadership, the consumer bureau helped over 30 million consumers who were harmed and addressed over 1.2 million complaints about financial institutions. as the chairman of the subcommittee on housing, community development, and insurance, i am pleased to see that the critical legislation restores the supervisory and enforcement powers of the bureau's office tasked with combating discriminatory lending practices. which have been responsible for causing the racial wealth gap to continue to grow. especially after a the financial crisis of -- after the financial crisis of 2008. this is a commonsense bill that, again, puts the american consumer first and ensures that in the regular course of business and commerce people will not forgotten. mr. speaker, thank you. i yield back. the chair: the gentlelady from california reserves. the gentleman from north carolina is recognized. mr. mchenry: thank you. at this time i had he' like to yield one minute to the -- i'd like to yield one minute to the gentleman, mr. budd, from the great state of north carolina. one m

under former director richard cordray, the consumer bureau returned nearly $12 billion to over 30 million consumers who were harmed, handled over 1.2 million consumer complaints about financial institutions, and implemented new safeguards to better protect consumers who utilize a wide range of consumer financial products and services. unfortunately the trump administration has politicized the agency, weakened supervision and enforcement, and reduced transparency and accountability. the bureau has dismantled protections for active duty service members, weakened fair lending enforcement, blocked payday loan cases, and terminated the consumer advisory board. and these are just a few examples of how the agency is failing to meet its mission. the consumers first act would block the trump administration's anti-consumer agenda and ensure the cfpb starts working for the people once again. among other things, the bill would direct the consumer bureau leadership to reverse all anti-consumer actions taken under the -- this administration, including resuming military lending act oversight. the bill r

where it was under democrats and richard cordray with more of a middle ground between she has done some things and reversed some things mulvaney has done like their rebranding and consumer protection bureau. she has organized some of the advisory boards that were eliminated or perhaps we changed the membership of and she has insisted on taking more of a middleground approach in a more balanced approach on some rules and regulations. >> 17 amendments allowed under the rule are some of the ones we should watch for? >> an amendment would reinstitute the education department so would be able to get from the education department as it pursues cases involving student loans and its oversight of federal loans to -- servicers. this was when betsy devos came to the education department and something has recently said she says that she needs more information from the education department to pursue those cases and oversight of loan servicers. that is one thing i am watching. another amendment would take the bureaus funding and put it under congressional control. the bureau was currently funded thro