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Friday, January 12, 2018

Judge rules in favor of Trump over control of Consumer Financial Protection Bureau

https://www.nbcnews.com/politics/politics-news/judge-denies-bid-stop-mulvaney-heading-consumer-financial-protection-bureau-n836676

A federal judge ruled late Wednesday in favor of President Donald Trump and the White House over the control of the national financial watchdog agency, the Consumer Financial Protection Bureau.
In a 46-page opinion, Judge Timothy Kelly denied Leandra English, the deputy director of the CFPB, a preliminary injection that would have stopped Mick Mulvaney, Trump's budget director, from taking on a second role as acting director of the agency.
The conflict arose late last month when Richard Cordray, named by President Barack Obama to lead the CFPB, stepped down and named English as his replacement. In response, the White House named Mulvaney as the replacement for Cordray. 

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