FOR IMMEDIATE RELEASE
November 26, 2017
Washington, DC – The Acting Director of the Consumer Financial Protection Bureau, Leandra English, filed a legal action tonight seeking legal clarity concerning the Bureau’s leadership succession.
“The talented and hard-working CFPB staff stand up for consumers every day. As Acting Director, I am filing this lawsuit to stand up for the CFPB,” said Acting Director English.
Effective at midnight on November 24, 2017, Richard Cordray resigned his post as the first Director of the Bureau. At that point, Leandra English, the Bureau’s Deputy Director, became the agency’s Acting Director, the suit claims. The Dodd-Frank Act—the law that created the Bureau—mandates that the Deputy Director “shall” serve as the acting Director until the Senate confirms a new Director.
Here is the lawsuit. Click here.
Who is Deepak Gupta? He is Ms. English attorney and was the former CFPB attorney.