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Is Mulvaney going to be a figurehead and leave the day-to-day operations to someone else?
Bloomberg News
Mulvaney told reporters this week that he would split his time between CFPB and OMB, working six days a week until President Trump can nominate a permanent successor who is confirmed by the Senate.

But many observers believe he will hand the reins of day-to-day operations to a trusted lieutenant, given the fact that the Trump administration is facing a looming potential government shutdown. Senate Minority Leader Chuck Schumer and House Minority Leader Nancy Pelosi canceled a planned meeting with President Trump on Tuesday after the president said on Twitter that a budget deal was unlikely to happen. The two sides have until Dec. 9 to agree to a plan.

As head of OMB, Mulvaney is expected to be actively involved in those talks, making it unlikely he will be able to devote much time to CFPB issues in the near term. But if he plans to appoint a lieutenant, it is not clear yet who that will be.