Republican members of Congress filed an amicus brief supporting President Donald Trump and Acting CFPB Director Mick Mulvaney in a lawsuit challenging the President's appointment of Mr. Mulvaney as acting head of the CFPB.
Senators questioned whether the Consumer Financial Protection Bureau investigation into the Equifax data breach has been halted. The letter comes in response to a recent report suggesting Acting Director Mulvaney relaxed the investigation.
President Trump tweeted that "fines and penalties against Wells Fargo Bank . . . will be pursued and, if anything, substantially increased" in connection with alleged improper mortgage lending practices.