MReport January 2018

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64 | TH E M R EP O RT FINAL THOUGHTS Power Struggle When Richard Cordray resigned his post as Director of the CFPB at the end of November, few could have imagined we would still be witnessing the power struggle he set in motion in the new year.As the legality of who had the right to appoint an interim director remains in question—President Trump with Mick Mulvaney or Richard Cordray with Leandra English—all sides are weighing in on this debate. "Rumors that I'm going to set the place on fire or blow it up or lock the doors are completely false." Director of the Office of Management and Budget and Trump Appointee for Interim CFPB Director MICK MULVANEY "He made no secret of the fact that this action was an attempt to hand-select his successor." Justice Department Attorneys "I am filing this lawsuit to stand up for the CFPB." Cordray appointee for CFPB Interim Director LEANDRA ENGLISH "It is unfortunate that Mr. Cordray decided to put his political ambition above the interests of consumers with this stunt." White House Press Secretary SARAH HUCKABEE SANDERS "[Mulvaney] has not only expressed noxious views about the important work that the Consumer Bureau does to protect hardworking Americans, he has also worked to destroy it." Rep. Maxine Waters (D-CA)

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