The white house has called the legitimate appointment of the acting head of the Bureau of consumer protection

© AP Photo / Andrew Harnik Sarah Sanders. Archival photoThe white house has called the legitimate appointment of the acting head of the Bureau of consumer protection© AP Photo / Andrew Harnik

The US administration has no doubt about the legality of his appointment as acting Director of the Bureau for financial consumer protection of the head of the budget office of the White house Mick Mulvany, said Monday the White house spokesman Sarah Sanders.

«The law is clear: Malvani is acting Director. This is confirmed by the Advisory Council of the Bureau, who appointed the former head of this Department Richard Cordray. All agree that Malvani is the head of this Department,» said Sandres at the briefing.

Cordray resigned in mid-November. After this Malvani was appointed acting Director until then, until you find the head on a regular basis. This appointment in the United States caused mixed reactions in the United States.

The Bureau for financial consumer protection (CFPB) — one of a number of financial regulators in the United States, established in 2010 as a result of financial reform Dodd-Frank and has an annual budget of more than $ 600 million. Regulates banks, credit unions, brokerage firms, and companies engaged in mortgage loan servicing and collection agencies and industry short-term loans.

It is assumed that Cordray may run for Governor of Ohio in November 2018.-0-

Source

Be the first to comment on "The white house has called the legitimate appointment of the acting head of the Bureau of consumer protection"

Leave a comment

Your email address will not be published.


*