Monday, November 27, 2017

White House Statement on Director Mulvaney's Status as Acting Director of the CFPB

 
“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,” said Sarah Sanders, White House Press Secretary, on November 26.  “Now that the CFPB’s own General Counsel – who was hired under Richard Cordray – has notified the Bureau’s leadership that she agrees with the Administration’s and DOJ’s reading of the law, there should be no question that Director Mulvaney is the Acting Director.  It is unfortunate that Mr. Cordray decided to put his political ambition above the interests of consumers with this stunt. Director Mulvaney will bring a more serious and professional approach to running the CFPB.”

The complete memo is available here

Source: The White House, Office of the Press Secretary

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