Acting CFPB Director Mick Mulvaney plans to cut the agency’s 2019 budget by 20 percent, bringing its spending down to roughly the level set in 2015. “I’ve asked them to run through the experiment of reducing spending by 20 percent,” to under $490 million, said the acting bureau chief in a recent round- table discussion with reporters. Mulvaney is also the director of the Office of Management and Budget. The CFPB later confirmed the spending cuts, noting that ...