US Financial Watchdog in Chaos as Chief Refuses to Step Aside for Trump's Man

تم نشره في Mon 27 November / Nov 2017. 01:00 AM
  • Resigned Consumer Financial Protection Bureau (CFPB) director Richard Cordray - (Getty Images)

CAPITALS — The US consumer financial watchdog was plunged into turmoil on Monday as rival directors vied to take charge amid a lawsuit against the White House.

The Consumer Financial Protection Bureau (CFPB) director resigned last week and appointed his former chief of staff, Leandra English, to replace him.

She has sued after President Donald Trump instead named his budget chief Mick Mulvaney to lead the CFPB.

The CFPB, unpopular on Wall Street, was set up after the 2007 financial crash.