A Message from Consumer Action

Consumer Action's MoneyWi$e educational materials have moved to our Managing Money Project website. Here you may view, download and order bulk copies of the MoneyWi$e materials. Please make a note of the Managing Money Project address— www.managing-money.org —and add it to your address book.

Judge again rules for Trump administration for control of CFPB

Source: Renae Merle, Washington Post (Paid Registration)

A federal judge sided with the Trump administration for a second time in a fight for control of the Consumer Financial Protection Bureau, denying a request by a high-ranking agency employee that she be put in charge instead of the White House’s pick.

Leandra English’s attorneys argued that the 2010 Dodd-Frank Act, which established the CFPB after the financial crisis, laid out a specific plan of succession authorizing the deputy director to take over until a White House nominee is confirmed by the Senate. Also, they said, Mulvaney cannot wear two hats by simultaneously leading the independent financial regulator while serving as director the Office of Management and Budget.


Read Full Article: Judge again rules for Trump administration for control of CFPB


Quick Menu

Support Consumer Action

Support Consumer

Join Our Email List

Optional Member Code
Facebook FTwitter T

MoneyWise Modules

Managing Money Topics

Help Desk