A big win!

I can't believe he didn't say "a big win for ME." It is definitely not a win for consumers.

You may remember [Trump's pick, Mick Mulvaney] from the time he told reporters that Meals on Wheels “doesn’t work.” Or his flailing attempts to redefine the word compassion to mean cutting programs that help the elderly. He is also, generally, not a fan of regulations or regulators, and especially not the CFPB. “I don’t like the fact that CFPB exists, I will be perfectly honest with you,” Mulvaney once said during a House committee hearing. He also co-sponsored a bill to eliminate the bureau.

[...]

Mulvaney’s appointment may only be temporary, but he will likely begin the process of substantially weakening the agency. The move is also, of course, very Trumpian—akin to putting oil shill Scott Pruitt in charge of the Environmental Protection Agency or tapping Rick Perry to lead the Department of Energy after he called for its demise. This is one more step in the destruction of the administrative state through appointments. The brazenness of it would make you laugh if you weren’t already crying.

  Slate

Mulvaney, a former Republican congressman who is already spearheading the Trump administration's efforts to roll back regulations across the federal government, now controls an agency whose decisions impact any American with a checking account, mortgage, credit card or consumer loan.

[...]

On his first day in the job — after crossing the street from his office in the White House complex bringing doughnuts to his colleagues — Mulvaney imposed a 30-day moratorium on new regulations, froze hiring and put a temporary hold on payments to victims of illegal banking practices.

"You should expect that this agency will stay open. Rumors that I'm going to set the place on fire or lock the doors or blow it up are completely false," Mulvaney said.

"That said," he continued, "anybody who thinks that a Trump administration CFPB would be the same as an Obama administration CFPB is simply being naïve. Elections have consequences at every agency, and it includes the CFPB."

  USA Today

...but hey, do what you want...you will anyway.

UPDATE:  Okay, there it is.