CFPB Concerns
One thing was certain, everyone didn’t approve of the way the CFPB monitored financial institutions. After the last financial disaster the agency was formed to protect consumers.
“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,” said Sarah Huckabee Sanders.
The While House issued a statement after the suit surfaced. Sanders said “Director Mulvaney is the Acting Director of the CFPB.”
Sen. Tom Cotton said “Leandra English’s lawsuit to install herself as Acting Director against the President’s explicit direction is just the latest lawless action by the CFPB. She doesn’t have a legal leg to stand on.”
Cotton added “disobeys Director Mulvaney’s orders should also be fired summarily.”
Deepak Gupta who represented English said “the President’s attempt to install a White House official at the head of independent agency while allowing that officer to simultaneously serve in the White House is unprecedented.”
“The law is clear: Ms. English is acting director of the Consumer Financial Protection Bureau until the Senate confirms a new Director,” Gupta added.
