Federal Court Asserts Federal Oversight of CFPB

The director of CFPB cannot appoint the next director; that’s the President’s job.

The Consumer Financial Protection Bureau is an example of the deep state on steroids. The director was asserting the right to appoint his own successor, and Leandra English—the successor—was pretending to have legitimate authority. Since they are financed by the Federal Reserve, this would mean that the CFPB was an arm of government with no accountability to anyone. Congress wouldn’t even be able to defund them.

The Washington Examiner reports, “Court sides with Trump in dispute over CFPB leadership.

A federal court sided with President Trump’s administration Monday in a lawsuit over who leads the Consumer Financial Protection Bureau.

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U.S. District Judge Timothy Kelly ruled against Leandra English in her quest to be named the acting director of the CFPB, refusing to issue a temporary restraining order that would allow her to assume control of the bureau.

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The White House said in a statement it “applauds the court’s decision, which provides further support for the president’s rightful authority to designate Director [Mick] Mulvaney as acting director of the CFPB.”

“It’s time for the Democrats to stop enabling this brazen political stunt by a rogue employee and allow Acting Director Mulvaney to continue the Bureau’s smooth transition into an agency that truly serves to help consumers,” the White House said.

Both English and Mulvaney, who also is director of the Office of Management and Budget, say they legally are the acting director of the bureau following former director Richard Cordray’s resignation on Friday.

Read the entire Washington Examiner story.

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