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CFPB Official Sues to Block Trump Appointment

<p>The Dems are desperately trying to block Trump&rsquo&semi;s appointment of Budget Director Mick Mulvaney to lead the Consumer Financial Protection Bureau &lpar;CFPB&rpar;&comma; a watchdog agency created after the 2008 financial crisis to oversee financial products such as credit cards&comma; mortgages&comma; and student loans&period;<&sol;p>&NewLine;<p>Acting CFPB director Leandra English filed a lawsuit against Trump on Sunday&comma; challenging his decision to appoint Mulvaney to the post&period;&nbsp&semi; &nbsp&semi;&nbsp&semi;<&sol;p>&NewLine;<p>English&comma; who was selected to lead the bureau following the abrupt retirement of former director Richard Cordray last Friday&comma; argues that Trump does not have the authority to appoint a CFPB director&period;&nbsp&semi;<&sol;p>&NewLine;<p>Trump appointed Mulvaney under the <em>Federal Vacancies Reform Act<&sol;em>&comma; which allows the president to select any Senate-confirmed administration official to lead a department or agency&period;<&sol;p>&NewLine;<p>English argues that the <em>Dodd-Frank Act<&sol;em>&comma; which outlines the CFPB&rsquo&semi;s line of succession&comma; should take precedence over the&nbsp&semi;<em>Vacancies Act<&sol;em>&period;&nbsp&semi;<&sol;p>&NewLine;<p>English&&num;8217&semi;s&nbsp&semi;complaint calls Trump&rsquo&semi;s appointment of Mulvaney &ldquo&semi;unlawful&rdquo&semi; and criticizes Trump&rsquo&semi;s use of the<em> Vacancies Act<&sol;em> as a &ldquo&semi;contravention of Congress&rsquo&semi;s statutory scheme&rdquo&semi; that &ldquo&semi;cannot be reconciled with <em>Dodd-Frank&rsquo&semi;s<&sol;em> mandatory language&period;&rdquo&semi; English is asking the court to bar Mulvaney from the position and to declare that the succession rules outlined in <em>Dodd-Frank<&sol;em> supersede the <em>Vacancies Act<&sol;em>&period;&nbsp&semi;<&sol;p>&NewLine;<p>&ldquo&semi;The president may not&comma; consistent with the statutory requirement of independence&comma; install a still-serving White House staffer as the acting head of an independent agency&comma;&rdquo&semi; reads the complaint&period;&nbsp&semi;<&sol;p>&NewLine;<p>&&num;8212&semi;<&sol;p>&NewLine;<p>The disputed appointment pits the Trump Administration and the Justice Department against powerful Democratic lawmakers who have long championed the CFPB&period;&nbsp&semi;<&sol;p>&NewLine;<p>&ldquo&semi;The Trump Administration is ignoring the established&comma; proper&comma; legal order of succession that we purposefully put in place&comma; in order to put a fox in charge of a hen house&comma;&rdquo&semi;&nbsp&semi;said Senator Chuck Schumer &lpar;D-NY&rpar;&period;&nbsp&semi;<&sol;p>&NewLine;<p>Democrats are terrified that Mulvaney&comma; a staunch conservative&comma; will destroy the CFPB from within&period; Mulvaney once referred to the CFPB as a &ldquo&semi;sick&comma; sad joke&rdquo&semi; and supported legislation to eliminate the agency&period;<&sol;p>&NewLine;<p>&ldquo&semi;All Americans should be deeply concerned about the White House&rsquo&semi;s cynical decision to flout the law and attempt to put the ringleader of its dangerous&comma; anti-consumer protection policies in charge&comma;&rdquo&semi; said Nancy Pelosi &lpar;D-CA&rpar;&period;&nbsp&semi;<&sol;p>&NewLine;<p>As far as the White House is concerned&comma; Mulvaney is already the director&period; Officials said they are &ldquo&semi;aware&rdquo&semi; of the lawsuit and cited an opinion from Mary E&period; McLeod&comma; the CFPB General Counsel&comma; who agreed with the administration&rsquo&semi;s reading of the law&period;<&sol;p>&NewLine;<p>&ldquo&semi;I advise all bureau personnel to act consistently with the understanding that Director Mulvaney is the acting director of the CFPB&comma;&rdquo&semi; wrote McLeod&period;&nbsp&semi;<&sol;p>&NewLine;<p><strong>Author&rsquo&semi;s Note&colon;<&sol;strong> Leandra English doesn&rsquo&semi;t have enough money to go up against the president&comma; so the real question here is&colon; who is really behind the lawsuit&quest;<&sol;p>&NewLine;<p>At stake for the Dems is the possibility that the consumer bureau&comma; which is one of the last holdouts within the federal government against Trump&rsquo&semi;s efforts to loosen business regulations&comma; will be dissolved&period; I suspect there are some serious donors involved in this lawsuit &ndash&semi; maybe Soros or even the DNC&period;<&sol;p>&NewLine;<p><strong>Editor&&num;8217&semi;s Note&colon;<&sol;strong> I can&&num;8217&semi;t conceive that this could last very long&comma; an actual insurrection within a government agency&period; This is unprecedented&period;&nbsp&semi;<&sol;p>&NewLine;

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