Mick Mulvaney walks through a gate to the Eisenhower Executive Office Building after leaving the Consumer Financial Protection Bureau in Washington on Nov. 27. (Jacquelyn Martin/AP)Now that Richard Cordray, the first director of the Consumer Financial Protection Bureau, has stepped down, President Trump wants his current budget director, former Republican congressman Mick Mulvaney, to head the CFPB in his spare time. Wodehouse would have put it, “If not actually disgruntled” by OLC’s position, McLeod is “far from being gruntled” by it. This is a shameful way to hamstring an agency vital to the protection of consumers from financial malfeasance. Deputy — actually, Acting — Director English has sought a temporary restraining order to prevent Mulvaney from taking over the CFPB before this issue can be adjudicated.

Source: Washington Post November 27, 2017 22:12 UTC