Setting up a high-stakes legal and political battle, President Trump and CFPB Director Richard Cordray each designated an acting director for the agency following Cordray's departure Friday.
In a parting shot at the Trump Administration, Cordray announced he was resigning effective Friday and designated Leandra English as acting director of the agency – attempting to head off an effort by Trump to appoint an acting director himself. English is the agency's chief-of-staff.
But Trump then designated Office of Management and Budget Director Mick Mulvaney to run the agency on an acting basis.
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