A court may decide who will lead the Consumer Financial Protection Agency
In Washington, DC, The Consumer Financial Protection Bureau (CFPB), sits on a corner less than a block away from the White House -- a place cement exterior standing like a guard over America's finances. It's a place that should not be left without a leader like so many vacant positions in the federal government. Richard Cordray, the former director resigned last Friday.
The Obama Administration created the CFPB to combat balloon loans, bait and switch loan tactics and other forms of lending abuse. Pres. Donald Trump has appointed Mick Mulvaney, White House Budget Director, as temporary director of the agency that already has a leader, Leandria English. Naming herself as the "rightful acting director" English has filed a lawsuit against the White House to retain the position that was granted to her when Cordray appointed her the acting chief of staff of the agency.
At the heart of the battle of the position is the question of whether Pres. Trump can legally make appointments in positions that are already filled.
