A television advertisement being run by a group that has the support of Sen. Elizabeth Warren (D-Massachusetts) seeks to stop the Trump administration from gutting the Consumer Financial Protection Bureau.

President Donald J. Trump last month appointed Mick Mulvaney to serve as acting director of the CFPB despite the outgoing director’s attempt to put his own person in charge.

Democrats protested Trump’s move, claiming that the president was violating the Dodd-Frank Wall Street Reform and Consumer Protection Act with his appointment.

Source: Mortgage Daily