The first round in the fight for appointing the head of the Consumer Financial Protection Bureau goes to President Trump. Here is what is going down. Does the President have the right and the authority to appoint the director of the CFPB? Congress did some strange stuff with the CFPB and seemingly put it above the law and Congressional oversight. They are a force to be reckoned with. The president has decided to take them on. Go to it, Mr. President. details here.
As Written By Allahpundit for Hot Air:
Yes, the judge in this case was a Trump appointee, having taken his seat on the bench in Washington just a few months ago. But the evidence is so clear-cut that Trump has the authority to appoint Mulvaney to the position that an Obama judge may well have come to the same conclusion. Read this post if you missed it over the long holiday weekend. To believe that Democrat Leandra English is the rightful acting director of the Consumer Financial Protection Bureau, you need to believe that Richard Cordray — the now ex-director of the agency — has more authority under federal law to appoint his successor than the sitting president of the United States does. It’s preposterous conceptually. And it’s so dubious legally that both the DOJ and the CFPB’s own general counsel came to the same conclusion the judge did: Yes, Mulvaney is the rightful acting director.
According to lawyer Andrew Grossman, CFPB staff quietly agreed too:
CFPB source: senior staff (including GC) vocally opposed Cordray/English gambit, which the two “cooked up” themselves. Suggests ploy motivated more by politics than merits.
— Andrew M. Grossman (@andrewmgrossman) November 28, 2017
American Banker is hearing similar whispers:
In interviews, several current and former CFPB officials, most of whom did not want to speak on the record, were upset by Cordray’s eleventh-hour move during a holiday weekend, typically a time when the only news that is released is the kind people want to bury. They were also angry at his choice, arguing that English was not experienced enough for the job.
“It was shocking to people that English was selected,” said one former CFPB employee, who spoke on the condition of anonymity. “Many people were questioning Leandra’s qualifications and her experience. It’s symptomatic of the environment at the CFPB where they just …….
THERE IS EVEN MORE HERE KEEP READING: