Mick Mulvaney has rapidly become one of my favorite federal executives.  In addition to Mulvaney heading the Office of Management and Budget, President Trump appointed him to the job of running the former Consumer Financial Protection Bureau (CFPB), when Elizabeth Warren's handpicked head of the agency resigned to run for office. Warren had designed the bureau to be immune from congressional oversight by funding it with Federal Reserve money so as to not be dependent on appropriations.  Warren also planned to keep the bureau in the hands of dedicated leftists by having the bureaucrats name a successor instead of the president.  But President Trump appointed Mulvaney instead and won the fight, as Mulvaney continues as "interim" director and is implementing vast changes.  Suddenly, all the independence designed by Warren has turned into a nightmare. When Mick Mulvaney served in the House, he tried to warn...(Read Full Post)