President Wins Round in the Battle for the Consumer Bureau - News Summed Up

President Wins Round in the Battle for the Consumer Bureau


Deepak Gupta, a lawyer for Ms. English and a former senior counsel for the consumer bureau, said after the hearing that his legal team would be examining options going forward. Mr. Trump is able to appoint his own director, but confirmation could take months and slow Republican efforts to defang the agency. Mr. Cordray’s effort to appoint Ms. English was seen as an effort to extend this process. Mr. Trump has called the consumer bureau a “total disaster” that needed new leadership to “bring it back to life.” Mr. Mulvaney has been openly hostile to the bureau, calling it a “sad, sick” joke and supporting legislation to eliminate it. “I apologize for having to send this instruction again,” Mr. Mulvaney wrote to the staff.


Source: New York Times November 28, 2017 22:13 UTC



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