Hi there,

For nearly 30 years, Democracy Now! has reported on the silenced majority fighting to end war, authoritarianism, environmental destruction, human rights violations, immigration crackdowns, and so much more. Next Tuesday, December 2nd, is Giving NewsDay (independent media’s spin on Giving Tuesday). Thanks to a group of generous donors, donations made today through Giving NewsDay will be TRIPLED, which means your $15 gift is worth $45. Please donate today, so we can keep bringing you our hard-hitting, independent news. Every dollar makes a difference. Thank you so much.

Democracy Now!
Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

Showdown for Control of Consumer Financial Protection Bureau Continues

HeadlineNov 28, 2017

The showdown at the Consumer Financial Protection Bureau continued on Monday, as two dueling leaders—one named by Trump and one named by the agency’s former head—both battled for control. The chaos began on Friday, when former Director Richard Cordray resigned and appointed his former chief of staff, Leandra English, to be his successor. But then President Trump appointed his budget director, Mick Mulvaney, to head the agency. While serving as a South Carolina congressmember, Mulvaney voted to eliminate the agency entirely. The Consumer Financial Protection Bureau was created in the wake of the 2008 financial crisis.

On Monday morning, Trump’s budget director, Mick Mulvaney, arrived at the Consumer Financial Protection Bureau with a bag of donuts and sent an email telling the agency’s staff to disregard all orders from English. He also said he was freezing all hiring and all rulemaking. Leandra English, meanwhile, also showed up to the office on Monday, welcomed the staff back from vacation, then met with lawmakers on Capitol Hill. Later in the day, English and Mulvaney appeared before a federal judge, arguing each was the true head of the agency. The judge, a recent Trump appointee, refused to rule immediately, meaning the showdown continues into today.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top