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The Consumer Financial Protection Bureau announced that Meredith Fuchs will serve as acting deputy. rest of the memo. The CFPB named Steve Antonakes as deputy director back in September 2013, and.

 · CFPB Deputy Director Flagrantly Butchers’ Law in Lawsuit Against Trump Pick, Expert Says. Dodd-Frank says that the Deputy Director shall “serve as acting Director in the absence or unavailability of the Director .” As McLeod noted, an “absence” typically means something temporary, where a “vacancy” would mean a permanent situation such as the one created by Cordray’s resignation.

No. The law is clear, and Mr. Mulvaney is the sole acting director of the CFPB. The Dodd-Frank Act did specifically create the office of deputy director. And the statute states (in Section 1011(b)(5)) that the deputy director "shall- (A) be appointed by the Director; and (B) serve as acting Director in the absence or unavailability of the Director." But another federal law also addresses authority to fill vacant positions on a temporary basis-the Federal Vacancies Reform Act, enacted.

Cordray out at CFPB, names own acting successor. English will replace David Silberman, associate director of the research, markets and regulations division, who has been serving as the acting deputy director. While Cordray’s departure is not a surprise, the timing of it caught the financial services industry off guard.

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Homebuilder confidence rises in August to highest since November 2005  · The National Association of Home Builders/Wells Fargo Housing Market Index released its statistics for September 2014 and reports builder confidence in the U.S. market for newly built, single-family homes rose for the 4th consecutive month. The gain for new construction is the highest rating since November 2005.

As the acting deputy director of CFPB, Silberman will get the job if the Trump administration doesn’t act when Cordray leaves. If that occurs, however, it doesn’t seem likely to last long. Silberman will be seen as following in Cordray’s footsteps.

CFPB power struggle rages on between Muvlaney, English English filed a lawsuit against Trump and his pick to become acting director. CFPB Deputy English flagrantly butchers a key statutory provision on p.2 of her lawsuit against Trump. The quoted.

CFPB Replaces Acting Deputy Director, Again. the CFPB has made yet another change to its Acting Deputy Director.. He will serve as Acting Deputy Director until the CFPB names a new replacement.

Treasury report advocates slashing GSE jumbo loan ceiling As we have written in numerous articles before, this is an accounting gimmick the government uses to buy more time before hitting the debt ceiling. The Treasury Department suspends reinvestment into the G Fund (reinvestments normally happen daily) and the money is then put back into the G Fund (with interest) after the debt ceiling is raised.

Signaling an epic fight over control of the Consumer Financial Protection Bureau, the agency on Friday named Leandra English as deputy director. English had been serving as CFPB. an acting capacity.

Now, six months later, the CFPB has made yet another change to its Acting Deputy Director. The new change will go into effect starting next week. He will serve as Acting Deputy Director until the.