Richard Cordray overstayed his welcome at the Consumer Financial Protection Bureau, and as a "go to hell" parting shot, he tried to appoint his successor as his replacement. See At the CFPB, two acting directors show up to take command; one brings doughnuts, the other well-wishes:
Leadership of the agency was thrown into doubt last Friday when Richard Cordray stepped down as CFPB director and said his chief of staff, English, would temporarily replace him. A few hours later, Trump named Mulvaney, the Office of Management and Budget director and a longtime critic of the CFPB, to the job.
Both sides are pointing to the fine print in dueling federal statutes to claim authority over the job running one of the most controversial, and powerful, banking industry regulators. English filed suit late Sunday, asking for a temporary restraining order to prevent Trump from appointing Mulvaney acting director. U.S. District Judge Timothy Kelly, one of two newly confirmed Trump appointees on D.C. court, is slated to take up the case.
Geez! Talk about sore losers. What next? Remove the "T"s from all the keyboards?
Meanwhile, if you're wondering who's right, here's the answer: Trump’s in the Right in CFPB Tiff.
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1:21 PM 11/27/2017
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