From the Web: Despite Court Victory, Leadership at CFPB ‘Remains Uncertain’
1/12/2018 2:00:00 PM
A credit union regulated by the CFPB is also challenging the Trump administration’s appointment of Mick Mulvaney as acting director.
Consumer Financial Protection Bureau Director Leandra English is expected to appeal a federal judge’s decision to keep Mick Mulvaney as the acting director of the bureau, The Los Angeles Times reports.
Judge Timothy Kelly of the U.S. District Court for the District of Columbia denied a request for a preliminary injunction to remove Mick Mulvaney as acting director of the bureau in the case English v. Trump et. al. last week.
The Federal Vacancies Act allows Mulvaney to serve as acting director for up to 210 days.
“The restriction is suspended if a nomination is pending in the Senate and the 210-day clock starts again if the Senate rejects a nomination,” according to The Los Angeles Times.
While English’s case may continue, the Trump administration faces another legal challenge.
Lower East Side People’s Federal Credit Union, an entity regulated by the bureau, filed a lawsuit in the U.S. District Court for Manhattan to affirm English as leader of the CFPB.
There was a hearing in that case Jan. 12.
“The Credit Union does not know who is validly in charge of the CFPB, who is authorized to make the rules, or whose rules to follow,” the credit union said in its complaint, according to Reuters.
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