---
title: CFPB Mission Statement Gets Revamped
description: The CFPB interim director, Mick Mulvaney, decides to add deregulation clause to the agency's mission statement.
---

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# [CFPB Mission Statement Gets Revamped](https://blog.knowledgecoop.com/cfpb-new-mission-statement)

 Written by [Jenn Theone](https://blog.knowledgecoop.com/author/jenn-theone) | Jan 18, 2018 12:38:29 AM

CFPB interim director, Mick Mulvaney, takes a symbolic yet concrete approach to his efforts in changing the agency. Newly inserted in the agency's mission statement is a clause on deregulation.

Keep in mind - the CFPB still doesn't have a permanent director.

> *"The Bureau of Consumer Financial Protection is a 21st century agency that helps consumer finance markets work by **regularly identifying and addressing outdated, unnecessary, or unduly burdensome regulations**, by making rules more effective, by consistently enforcing federal consumer financial law, and by empowering consumers to take more control over their economic lives."*

* *

 

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[View full post](https://blog.knowledgecoop.com/cfpb-new-mission-statement)

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