Schumer Statement on the Next Acting Director of the Consumer Financial Protection Bureau

Washington, D.C. – U.S. Senator Chuck Schumer released the following statement regarding the next acting director of the CFPB:

"The process for succession laid out in Dodd Frank is clear: Leandra English, not Mick Mulvaney, is the acting director of the CFPB. By attempting to install Mr. Mulvaney as director, the Trump administration is ignoring the established, proper, legal order of succession that we purposefully put in place, in order to put a fox in charge of a hen house.

"The CFPB should be led by someone who is committed to working around the clock on behalf of consumers, not by a part time director who clearly disdains this agency."