Most relevant to this week’s drama, the Dodd-Frank Act also states that the agency’s deputy director becomes its acting director in the event of a vacancy at the top. On his way out the door, he named his chief of staff, Leandra English, as deputy director — and thus, in short order, acting director. And so as soon as Cordray’s resignation took effect, Trump named Office of Management and Budget Director Mick Mulvaney to do double duty at CFPB. [Why Trump’s pardon of Joe Arpaio isn’t like most presidential pardons]Another is that new acting director Mulvaney already has a full-time job as the president’s budget director, at a time when budget policy is rather salient. One might imagine that this might require a full-time budget director.

Source: Washington Post November 29, 2017 21:10 UTC