We need more, not fewer, government Yelps
[Commentary] Criticism of Consumer Financial Protection Bureau acting director Mick Mulvaney’s recent comments to a banking group has largely focused on his advocating a pay-to-play system for interest groups to access government officials. But similarly disappointing is his wanting to close the CFPB consumer complaint database, on the grounds that he shouldn’t have “to run a Yelp for financial services sponsored by the federal government.” Mulvaney has it backward. We think governments need more, not fewer, Yelp-like services in their arsenals.