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Representative Jeb Hensarling, a Republican from Texas and chairman of the House Financial Services Committee. Photographer: Andrew Harrer/Bloomberg

Some 113 congressional Republicans are lending their support to the Trump Administration’s effort to keep Mick Mulvaney as acting CFPB director, arguing in federal court that a challenge to the appointment is based on a misreading of federal law.

The 113, led by House Financial Services Chairman Jeb Hensarling (R-Texas) and Senate Banking Chairman Mike Crapo (R-Id.), contend that CFPB Deputy Director Leandra English’s argument that she should be acting director “threatens Congress’s prerogatives by upsetting the Constitution’s finely calibrated balance between the President’s appointment power and Congress’s role in that process.”

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David Baumann

 

Credit Union Times

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