CFPB’s Temporary Leadership Hinges On Judge’s Analysis

Law360, New York (November 27, 2017, 9:00 PM EST) -- The immediate future of the Consumer Financial Protection Bureau could hinge on the way a federal judge in Washington interprets the language in the bureau’s implementing law that set up a method for appointing an acting director, experts say.

U.S. District Judge Timothy J. Kelly is weighing CFPB Deputy Director Leandra English’s request for a temporary restraining order that would block Office of Management and Budget Director Mick Mulvaney from serving as the bureau’s acting director. That order, if imposed, could potentially serve as a precursor...
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