President Donald Trump has tapped Mick Mulvaney to replace Consumer Financial Protection Bureau Director Richard Cordray on an interim basis once he steps down at the end of November, according to published reports.
Under the Federal Vacancies Reform Act of 1998, because Mulvaney, an outspoken critic of the bureau already received Senate approval when he was confirmed as director of the Office of Management and Budget in February 2017, he does not have to go through the process again to be named the temporary head of another federal agency.
Find out more details about Mulvaney and his views about the bureau.