Opinion: Trump’s war on government is going swimmingly
Acting White House chief of staff Mick Mulvaney in the Oval Office last month. By Paul Waldman Paul Waldman Opinion writer covering politics Email Bio Follow Opinion writer April 16 at 4:07 PM When Donald Trump ran for president, many in the Republican Party worried about the depths of his commitment to ideological conservatism — in particular whether he truly had a desire to shrink government.
It’s hard to find a story more emblematic of how conservative ideology has dovetailed with Trump’s style of governing to destroy consumer protections and to worsen inequality. When the Dodd-Frank Act was passed in the wake of the financial crisis, Warren’s idea became a reality, to the horror of not only Republicans but industries like payday loans that turn the exploitation of poverty into vast profits. One of the CFPB’s harshest critics in Congress was South Carolina Republican Mick Mulvaney, who was elected in the tea party wave in 2010.
Over the last year, Mulvaney’s temporary hiring freeze has turned into an indefinite one, slowly shrinking the C.F.P.B.’s staff by attrition. Bureau news releases, once packed with colorful details about abusive lending practices, have been toned down to dry legalese. According to a report by Christopher Peterson, a senior fellow at the Consumer Federation of America, enforcement at the bureau appears to have dwindled radically.
Because Trump feels no need to appeal to moderates or independents, he doesn’t much care how far those in his administration go toward dismantling environmental laws or undermining consumer protections — so long as they don’t distract attention from him. A different Republican president might want to keep the war on government within certain reasonable limits, if for no other reason than to contain potential controversies. Trump just doesn’t care.
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