CFPB chief Mick Mulvaney disbands consumer protection board on Partisan Viewpoint

NEW YORK — The Trump administration is disbanding the consumer protection board,  a panel of experts focused on protecting consumers from financial abuse.

Members of the panel, called the Consumer Advisory Board, say Consumer Financial Protection Bureau Acting Director Mick Mulvaney has dissolved the group, which includes consumer advocates, financial industry representatives, community leaders and others. The board advises the CFPB, a federal agency formed after the housing crash to prevent financial abuse.

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