Trump budget chief shuts down ‘slush fund’ at consumer protection bureau

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Trump’s budget chief and acting head of the Consumer Financial Protection Bureau put the breaks on an Obama-era agency slush fund which has been doling out cash only to Democratic cronies.

An educational “slush fund” used by the Consumer Financial Protection Bureau has come under the “strictest review” by acting director Mick Mulvaney amid concerns the Obama-era agency has been doling out cash only to Democratic cronies….

But the agency has been secretive about who gets the money, and groups such as taxpayer watchdog Cause of Action and the Competitive Enterprise Institute have been critical….

Cause of Action Institute, for example, has drawn attention to a $14 million CFPB contract with GMMB Inc., a powerful media consulting shop that has produced political ads for Obama and 2016 runner-up Hillary Rodham Clinton.

Photo: Gage Skidmore

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