The resignation of Richard Cordray as the director of the Consumer Financial Protection Bureau (CFPB) set off a legal scramble about the leadership of the Bureau as acting director: President Trump’s pick of White House budget director Mick Mulvaney or CFPB deputy director, Leandra English. While Mulvaney may serve as interim head for now, the litigation is ongoing and any final ruling will be subject to appeal to the U.S. Court of Appeals for the DC Circuit. As a result, the potential for confusion at the CFPB remains.
In the meantime, broader questions loom as to what does Mulvaney’s appointment mean for the future of CFPB and the impact on the bureau’s exercise of its rulemaking, supervisory, and enforcement authority.
Register today to join Eric J. Mogilnicki (Partner) and Ethan (Eitan) Levisohn (Special Counsel) with Covington & Burling LLP as they discuss how the bureau will operate under Mulvaney’s leadership. This event includes a Q&A session moderated by Eric J. Ellman, Senior Vice President, Public Policy and Legal Affairs of the CDIA.