Consumer Bureau Threatened by President’s Assertion He Can Select Temporary Director

By Ed Mierzwinski, U.S. PIRG Before Richard Cordray resigned yesterday as the director of the Consumer Bureau (our statement; Washington Post story; NY Times story), he appointed a well-qualified deputy director, Leandra English. Under the plain language of the Dodd-Frank Act creating the bureau, the deputy director serves as acting director in the absence of […]