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Who Is the Head of the Consumer Financial Protection Bureau?

Yet another agency Trump would gut if given the chance.

Leandra English (Twitter) and Mick Mulvaney (William B. Plowman/NBC/Getty Images)

A Power Struggle Over the Agency that Protects Consumers from Fraud

The White House disagrees with the lawsuit, releasing a statement defending Trump’s decision to appoint Mulvaney:

“The administration is aware of the suit filed this evening by Deputy Director English. However the law is clear: Director Mulvaney is the Acting Director of the CFPB,” said White House press secretary Sarah Sanders in a statement.

“Now that the CFPB’s own General Counsel — who was hired under Richard Cordray— has notified the Bureau’s leadership that she agrees with the Administration’s and DOJ’s reading of the law, there should be no question that Director Mulvaney is the Acting Director. It is unfortunate that Mr. Cordray decided to put his political ambition above the interests of consumers with this stunt.”

“Director Mulvaney will bring a more serious and professional approach to running the CFPB,” Sanders added.

Leandra English has been warned that if she steps into the CFPB Monday morning under the assumption of acting director, that she would be acting without authority; furthermore, that she would be in violation of laws yet to be named.

Despite the warning, CNN reports both English and Mulvaney showed up for work this morning, both as “acting director” of the CFPB, and that both “issued dueling emails to staff” in their separate attempts to assert authority and control of the agency.

Senator Elizabeth Warren, who proposed the idea of the agency while still a bankruptcy professor at Harvard Law School, believes Trump’s actions will intentionally destroy an agency that has returned billions to working families who were cheated by Wall Street.

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    Dane is a comics writer-editor and screenwriter who lives in San Diego. He has a M.A. in Mythology S... keep reading