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Home » Store » IMFnews » Mulvaney Considers Moving CFPB Staff to Basement to Cut Costs

Mulvaney Considers Moving CFPB Staff to Basement to Cut Costs

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Acting CFPB Director Mick Mulvaney, a vociferous critic of the consumer agency’s budget, is reportedly looking for ways to cut spending by tens of millions of dollars, including an option to move dozens of employees to the basement of its Washington headquarters. According to an internal cost-saving analysis obtained by Bloomberg News, Mulvaney’s top aides proposed to add 70 work spaces in the CFPB main building’s basement, which may save $16.6 million. Other ...
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