Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction:
identify whether following news is true or not

Input:
Trump names White House budget director Mulvaney acting head of consumer agency;WASHINGTON (Reuters) - U.S. President Donald Trump has designated White House Budget Director Mick Mulvaney to be acting director of the Consumer Financial Protection Bureau until a permanent director is nominated and confirmed, the White House said on Friday. The six-year-old bureau, which has been controversial since its creation, had been led by Richard Cordray, who formally resigned on Friday. ;November 25, 2017

### Response:
True news

### End