Hi there,

The media can be the greatest force for peace on Earth. Instead, all too often, it’s wielded as a weapon of war. That's why we have to take the media back. Thanks to a group of generous donors, all donations made today will be DOUBLED, which means your $15 gift is worth $30. With your contribution, we can continue to go to where the silence is, to bring you the voices of the silenced majority – those calling for peace in a time of war, demanding action on the climate catastrophe and advocating for racial and economic justice. Every dollar makes a difference. Thank you so much!

Democracy Now!
Amy Goodman

Non-commercial news needs your support.

We rely on contributions from you, our viewers and listeners to do our work. If you visit us daily or weekly or even just once a month, now is a great time to make your monthly contribution.

Please do your part today.

Donate

Consumer Financial Protection Bureau Official Sues over Agency Showdown

HeadlineNov 27, 2017

In Washington, D.C., there’s chaos at the Consumer Financial Protection Bureau, as two people are battling for control of the consumer protection agency, which was created in the wake of the 2008 financial crisis. After announcing his resignation earlier in the month, on Friday, former Director Richard Cordray resigned and appointed his former chief of staff, Leandra English, to be his successor. But President Trump intervened, unexpectedly announcing he planned to appoint his budget director, Mick Mulvaney, to head the agency. While serving as a South Carolina congressmember, Mulvaney voted to eliminate the agency entirely. Leandra English has sued President Donald Trump over his appointment of Mulvaney. The 2010 Dodd-Frank Act that created the agency specifically calls for the deputy director to become acting director when the agency’s top spot is vacant. We’ll have more on the battle at the Consumer Financial Protection Bureau later in the broadcast.

The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top