Federal Consumer Watchdog Chief Considers Dallas to Relocate Some Staff

Mick Mulvaney says he's legally barred from shutting down the Consumer Financial Protection Bureau, a regulator he once called a "sick" joke.But the agency's acting director could move dozens of employees to the basement of its Washington headquarters. And he might try to relocate other staff members to Dallas.Such options are being proposed by his top aides as Mulvaney seeks to cut spending at the Republican-loathed watchdog by tens of millions of dollars, according to an internal cost-savings analysis that was obtained by Bloomberg News. Another budget-trimming idea: making employees share desks."All options are on the table as we work to make the bureau more efficient and effective," said John Czwartacki, the CFPB's chief communications officer. He said he wasn't certain whether Mulvaney had reviewed the recommendations and that no final decisions have been made.  Continue reading...