The Consumer Financial Protection Bureau (CFPB) exists to protect American consumers from financial wrongdoing. President Trump attempting to choose its new director goes against the law, writes Lawrence H. Tribe of The Washington Post. Already, his pick to lead the CFPB, Mick Mulvaney, has in the past called the agency a “joke” and will likely remove vital protections for consumers. Luckily for the public, rules are in place that prevent this from happening. This shields Americans from banks and credit card agencies and ensures that the right person is chosen to lead the CFPB. Trump is wrong in trying to corrupt this process.
President Trump is entirely justified in appointing Mick Mulvaney as acting director of the CFPB, suggests Andrew C. McCarthy of National Review. He is acting in accordance with the law, which stipulates very directly that the president is to choose the replacements of a director that resigns. Currently, Mulvaney has been blocked from assuming this position, which is highly frivolous. The liberal media-backed members of the CFPB are attempting to prevent the de-regulation effort that Trump has led. They are intent on maintaining the status quo of heavy government oversight. The president is right in seeking to chose a new director.