Typically an acting director position would be filled according to the Federal Vacancies Reform Act (FVRA) of 1998. But along with his resignation, Richard Cordray elevated Leandra English, the agency’s chief of staff, to the deputy director position. Under the Dodd-Frank Act that created the CFPB, English would thus become acting director. Within a few hours, Trump announced his own acting director of the agency: Mick Mulvaney, currently director of the Office of Management and Budget. On Saturday senior Trump administration officials said they expected no trouble when Mulvaney shows up for work on Monday.

Source: The Guardian November 24, 2017 22:42 UTC