Reuters: U.S.

Friday, November 24, 2017

Breaking News: Trump names Mulvaney to lead consumer bureau as Cordray steps down

 
 
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Trump names Mulvaney to lead consumer bureau as Cordray steps down
President Trump on Friday announced that he is appointing Office of Management and Budget Director Mick Mulvaney as acting director of the Consumer Finance Protection Bureau (CFPB), setting up a potential fight over the agency’s future. 

Earlier Friday, CFPB head Richard Cordray announced that he was stepping down at the end of the day and elevated his chief of staff, Leandra English, to deputy director.
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