English Resigns, Drops Lawsuit

On July 6, 2018, Consumer Financial Protection Bureau Assistant Director Leandra English announced her resignation from the CFPB. She also ended her lawsuit against the administration over the placement of Mulvaney at the CFPB. 

Richard Cordray, former head of the CFPB, had designated English as his temporary successor according to the process set up within Dodd-Frank, the legislation that created the CFPB. English was to head the CFPB until such time as a new director should be nominated. The current administration chose to ignore the procedure directed in Dodd-Frank, and claimed another law regarding open positions should apply.

English made the decision to leave the CFPB after the current administration nominated Kraninger.

(Doing a little bit of catch-up on CFPB news.)

For more information:

CFPB official drops fight for leadership of watchdog agency (The Washington Post, 6 Jul 2018)

The Consumer Financial Protection Bureau

The CFPB Is Under Attack

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