Former CFPB Director Richard Cordray designated his deputy, Leandra English, to lead the agency upon his departure on Nov. 24. The same day, President Trump appointed Office of Management and Budget Director Mick Mulvaney to serve as acting director until a permanent director is confirmed by the Senate. While a subsequent lawsuit filed by English in D.C. federal court claims Mulvaney’s appointment erodes the agency’s independence, some experts believe a judge could reassert that independence even as he upholds the president’s right to fill that post.
Source: Law360 (sub. req.)