News Worms
News Worms


Mulvaney to freeze hiring at U.S. watchdog agency

Mulvaney to freeze hiring at U.S. watchdog agency

Meanwhile, Leandra English, who was elevated to the same position by the bureau's outgoing director, met with top Senate Democrats. Now it will be up to a court to decide whether he will get a chance to make the agency match his vision. She also quotes from a 9th Circuit decision which says that "neither the FVRA nor the NLRA is the exclusive means of appointing an Acting General Counsel of the NLRB" - an observation that is irrelevant because the National Labor Relations Board is structured in an altogether different way from the CFPB - before getting to her real point: that she needn't "resolve the meaning" of the statutory language because a provision in an earlier version of the bill that was never signed into law somehow supports the administration's view.

Despite the dueling director appointments, it appears Mulvaney is trying to win over employees with some candies.

"This agency will stay open". "I'm a member of the executive branch of government and we intend to execute the laws of the United States".

He said there will be a 30-day freeze on hiring and new rulemaking, as well as a freeze on payment from the civil penalties fund for at least 30 days. "And they're trying to put an end to it with Mr. Mulvaney stepping into Cordray's spot", he said.

"The president should fire her immediately and anyone who disobeys Director Mulvaney's order should also be fired summarily", Cotton said. English, formerly the agency's chief of staff, believes she should be in charge of the agency.

Mulvaney's spokesman later sent out a photo evidence on Twitter of empty boxes with half of a single chocolate covered doughnut remaining.

Mulvaney sent his own memo, telling employees to "Please disregard any instructions you receive from Ms".

The Consumer Financial Protection Bureau is in the spotlight this week thanks to a leadership fight over control of the financial watchdog agency.

"The appointment of a second acting director by the White House only creates uncertainty for an agency that so far has done its job protecting consumers and keeping Wall Street in check", Mike Litt, consumer campaign director at U.S. PIRG, told FOX Business. Cordray was appointed by President Barack Obama and has been long criticized by congressional Republicans as overzealous. He was one of the last Obama-era political holdouts. The court has not yet issued a new ruling. The law says the agency's deputy director shall "serve as the acting Director in the absence or unavailability of the Director".

But some experts have since argued that the Dodd-Frank "unavailability" provision doesn't apply to instances in which the former director has resigned - only in cases where the director is out of commission temporarily. "If there are disagreements about those issues, then they should be settled in the courts". Trump's pick, Mulvaney, has said he wants to eliminate the bureau. She doesn't rebut OLC's concession that the vacancy created by Cordray's resignation triggers the agency-specific succession provision of Dodd-Frank - but she doesn't exactly accept it, either. However, on Friday, President Donald Trump named Mulvaney to the interim director post. The announcement was consistent with earlier reports that President Trump meant to appoint Mr. Mulvaney to serve as Acting Director effective upon Mr. Cordray's resignation. But the White House, in naming Mulvaney the acting director, cited the Federal Vacancies Reform Act.

"The president should quit playing games and nominate a director who will stand up for consumers, who isn't a creature of the very industries the CFPB regulates, and who can earn a bipartisan confirmation in the Senate", the statement read.

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