CFPB names another acting deputy director

“The administration is aware of the suit filed this evening by Deputy Director English. However the law is clear: Director Mulvaney is the Acting Director of the CFPB,” Sanders said in a.

English filed a lawsuit against Trump and his pick to become acting director. CFPB Deputy English flagrantly butchers a key statutory provision on p.2 of her lawsuit against Trump. The quoted.

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resigns,” the president has the authority to name as acting director a currently. It’s a mini-resistance movement within the agency. I mean I can see why they’re mad; Mulvaney is rolling back the.

Now, six months later, the CFPB has made yet another change to its Acting Deputy Director. The new change will go into effect starting next week. He will serve as Acting Deputy Director until the.

More on the Bailout: Tripping on the Trigger Just a little over nine years since the the federal government gave the American International Group Inc. – better known as AIG (NYSE:AIG) – a bailout of $85 billion, the U.S. financial stability oversight council (fsoc) decided that financial distress at the insurance giant no longer posed a threat to U.S. financial stability.

The Consumer Financial Protection bureau (cfpb) announced Steve Antonakes will serve as acting deputy director while the agency continues its search for a replacement for departing Deputy Director Raj Date. Date’s last day at the bureau was Jan. 31.

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In the case of the CFPB, the debate is about whether the statute applies to the agency, whose specific line of succession would make Leandra English, the hand-picked deputy director, the acting.

No. The law is clear, and Mr. Mulvaney is the sole acting director of the CFPB. The Dodd-Frank Act did specifically create the office of deputy director. And the statute states (in Section 1011(b)(5)) that the deputy director "shall- (A) be appointed by the Director; and (B) serve as acting Director in the absence or unavailability of the Director." But another federal law also addresses authority to fill vacant positions on a temporary basis-the Federal Vacancies Reform Act, enacted.

In the OLC’s opinion, the FVRA provision can be used by the President as an alternative to 12 U.S.C. § 5491(b)(5(B), the provision in the consumer financial protection act (cfpa) that provides the.

Housing likely to contribute to 2013 GDP Gross domestic product, the broadest measure of goods and services. That is faster than most economists expected, and far better than the dour. on Friday that there had been nervousness inside the White House that the. 2.6 percent in the fourth quarter of 2018 and the weakest showing since 2013.

Consumer Financial Protection Bureau. The Consumer Financial Protection Bureau ( CFPB ), also known as the Bureau of Consumer Financial Protection ( BCFP ), is an agency of the United States government responsible for consumer protection in the financial sector. CFPB’s jurisdiction includes banks, credit unions, securities firms,