CFPB Acting Director Mick Mulvaney Orders 30-Day Hiring, Regulatory Freeze

Breitbart covers Consumer Financial Protection Bureau acting director Mick Mulvaney’s hiring and regulatory freeze.

Mulvaney declared that President Trump “wants me to get it [the agency] back to the point where it can protect people without trampling on capitalism.”

The hiring freeze came amidst a feud between current director Mulvaney and deputy director Leandra English, an Obama-era appointee to the CFPB, who argued that she remains the rightful director of the financial regulatory agency.

On Tuesday, a federal judge ruled in favor of President Trump, who nominated Mulvaney to head the agency while he looks for a permanent replacement to Richard Cordray, who announced his retirement weeks ago.

Competitive Enterprise Institute (CEI) General Counsel Sam Kazman praised the ruling in a statement: “We are glad to see this attempt at bureaucratic self-perpetuation fail.”

Read the full article at Breitbart.