Consumer watchdog head names a successor, and Trump does too
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November 26, 2017
NEW YORK (AP) — The director of the Consumer Financial Protection Bureau resigned Friday and named his own successor, leading to an open conflict with President Donald Trump — who announced a different person as acting head of the agency later in the day.
That means there are now effectively two acting directors of the CFPB, when there should only be one.
Typically an acting director position would be filled according to the Federal Vacancies Reform Act of 1998. But Richard Cordray, along with his resignation, elevated Leandra English, who was the agency's chief of staff, into the deputy direc...
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