Free Republic

Left-wing websites led former director's attempt to subvert WH authority Newly released emails reveal the machinations of former director of the Consumer Financial Protection Bureau Richard Cordray to appoint his own successor. The failed attempt to install Leandra English as acting director of the CFPB last year began after Cordray found the idea in two left-wing websites, which argued it was "illegal" for the president to appoint the director of an executive branch agency. Cause of Action Institute, a nonprofit oversight group, obtained internal emails through a Freedom of Information Act request between Cordray, English, and other CFPB officials during...

A federal judge on Tuesday rejected a lawsuit from an official who claims that she, and not President Trump appointee Mick Mulvaney, is the rightful director of the Consumer Financial Protection Bureau. Judge Timothy Berry of the U.S. District Court of the District of Columbia declined to grant Leandra English a restraining order to bar Mulvaney from serving as the CFPB’s acting director.

Sen. Elizabeth Warren, D-Mass., led a protest Tuesday against President Trump’s decision to appoint a new leader for an agency tasked with regulating banks and other financial institutions, instead of relying on the newly appointed deputy director. “For six years, this agency has fought for working people, and now it is time for us to fight for the agency,” Warren said Tuesday at a protest rally outside the Consumer Financial Protection Bureau.

Office of Management and Budget Director Mick Mulvaney just savaged the federal agency President Donald Trump recently put him in charge of during his first press conference as acting director of the Consumer Financial Protection Bureau. Mulvaney, who has long criticized the CFPB, doubled down on his hatred of the agency which was enacted in 2011 by the Dodd-Frank Wall Street regulations passed in the aftermath of the 2008 economic downturn. “Yeah, my opinion of the structure of CFPB has not changed,” Mulvaney said. “I still think it is an awful example of a bureaucracy that has gone wrong. It...

The Obama administration, already under fire for the IRS scandal and National Security Agency snooping of the computers and cellphones of Americans, is also spending millions to have private contractors conduct a dragnet for confidential and personal credit and bank transactions without a warrant. Newly obtained documents from the Obama-created Consumer Financial Protection Bureau reveal that the administration has OK'd a project to accumulate the personal financial data of some 5 million and share it with other agencies to build a "nationally representative panel of credit information on consumers for use in a wide range of policy research projects." The...