The Consumer Financial Protection Bureau released its annual report on Monday, and it includes four legislative policy recommendations that would erode the agency’s independence and make it more beholden to political institutions.

First, Acting Director Mick Mulvaney is recommending that Congress appropriate the Bureau’s funding rather than the Federal Reserve. Second, he seeks legislative approval for “major bureau rules.” Third, under his plan, the director could be fired by the president at will rather than needing a for-cause justification. Finally, Mulvaney is requesting Congress create an independent inspector general for the bureau.