Mick Mulvaney, who was appointed by President Trump as the agency’s interim director two

months ago, is moving a powerful division of the bureau, the Office of Fair Lending and Equal

Opportunity, under his own direct oversight and stripping the office of its enforcement authority.

Alan Kaplinsky, a co-leader of the consumer financial services practice at the law firm Ballard

Spahr, said the move is the latest illustration that Mulvaney is keeping his word that the agency will not overreach its powers.

“They won’t be ‘pushing the envelope’ in the fair lending area to go after companies where they are not on very solid ground,” Kaplinksy said. “Those days are over now.”

Read the full article here. Subscription may be required.