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Cordray on CFPB fight: The law is on my side | TheHill

posted onNovember 28, 2017
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Article snippet: The former director of the Consumer Financial Protection Bureau (CFPB) said in a Monday night interview that the law is on his side in a legal fight with President Trump over who will lead the agency until a permanent replacement is confirmed by the Senate. MORE, the head of the Office of Management and Budget, was in charge. Cordray said the Dodd-Frank Act, which created the consumer protection agency, is unequivocal on this point. ADVERTISEMENT   The White House and Justice Department, however, say appointing Mulvaney was within the president's authority under the Vacancies Act. On Sunday, English sued Trump to block Mulvaney's appointment, saying he had illegally superseded the CFPB's line of succession.  Cordray said the two conflicting stances make this an ideal case to be determined in a courtroom. currently claim to head the CFPB, putting employees in the middle of a leadership tussle. The Hill 1625 K Street, NW Suite 900 Washington DC 20006 | 202-628-8500 tel | 202-628-8503 fax The contents of this site are ©2017 Capitol Hill Publishing Corp., a subsidiary of News Communications, Inc. Link to the full article to read more

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