There is a virtual standoff between two government officials, both claiming to be the rightful acting directors of the Consumer Financial Protection Bureau (CFPB), which could come down to a war of words. But not necessarily the kind that typically comes to mind.
President Donald Trump appointed Office of Management and Budget Director Mick Mulvaney to lead the bureau as interim director, citing the Federal Vacancies Reform Act. Just prior to his Nov. 24 resignation as CFPB director, Richard Cordray designated CFPB Chief of Staff Leandra English as deputy director of the bureau so that she would be in line for the acting director role, per the Dodd-Frank Act’s chain of succession.
Find out what could determine the resolution to the leadership dispute involving one of the most power federal agencies.