CFPB names another acting deputy director

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Richard Hunt, the president and CEO of the Consumer Bankers Association, questioned why Cordray waited until the last minute to name a new deputy director. he created another one Tuesday describing.

According to media reports, President Trump is expected to name Mick Mulvaney, the current Director of the Office of Management and Budget, to serve as CFPB Acting Director upon Director Cordray’s resignation. The President’s announcement may come as soon as today.

CFPB replaces acting deputy director, Again. the CFPB has made yet another change to its Acting Deputy Director.. He will serve as Acting Deputy Director until the CFPB names a new replacement.

One of two scenarios will likely occur in the near future at the CFPB. Either Director Richard Cordray will be fired by President Trump (for cause), or Cordray will resign to enter the 2018 ohio gubernatorial race. If either event occurs, some have assumed that Acting Deputy Director David Silberman will inherit the post, and it will be "business as usual" at the CFPB until a new director is.

Cordray out at CFPB, names own acting successor. English will replace David Silberman, associate director of the research, markets and regulations division, who has been serving as the acting deputy director. While Cordray’s departure is not a surprise, the timing of it caught the financial services industry off guard.

The Consumer Financial Protection Bureau is headed by a single director, which means the replacement of one person with another can have. the president can bypass Acting Deputy Director Silberman.

July 9, 2018. Alcynna Lloyd. KEYWORDS Acting Director Mulvaney Bureau of consumer financial protection cfpb house financial Services Committees. Consumer Financial Protection Bureau Acting Director Mick Mulvaney announced Monday that he , who served as principal policy director, to serve as the agency’s acting deputy director.

Richard Cordray. Director. Consumer Financial Protection Bureau. pleased to provide you with the Office of Inspector General's (OIG) 2017 list of major. As is the case for other federal agencies, contractor-provided,. Dana James, Acting Chief Financial Officer and Acting Assistant Director, Office of the.

KEYWORDS CFPB CFPB director Consumer. But now that’s coming to an end. The acting director can only serve six months, unless there is another candidate already nominated and going through the.