The CFPB battle explained

CFPB Consumer Financial Protection Bureau logo

Chaos is breaking loose at the Consumer Financial Protection Bureau as two Acting Directors engage in a battle for control of the agency. The Acting Director chosen by the agency’s former head has now filed suit against the Trump Administration to block the president’s pick to lead the agency.

The drama began on Friday when Richard Cordray, director of the CFPB under Barack Obama, resigned his position. As he departed, Cordray named Leandra English, the CFPB’s chief of staff, to become the deputy director of the agency. As deputy director, English would become the acting director on Cordray’s departure. Shortly after Cordray stepped down, President Trump nominated Mick Mulvaney, then director of the Office of Management and Budget, to take the reins of the CFPB.

Then things got weird.

Leandra English refused to step aside and accept President Trump’s nomination of Mulvaney. Sunday night,

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