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Financial Services Law Insights and Observations

Trump to Select Mulvaney as Interim CFPB Director

Federal Issues CFPB OMB Trump CFPB Succession

Federal Issues

According to media sources, President Trump is expected to select Mick Mulvaney, the current Director of the White House Office of Management and Budget (OMB), to serve as the interim Director of the CFPB upon Richard Cordray’s resignation at the end of this month. Mulvaney would keep his current position and serve as both the Director of OMB and Acting Director of the CFPB throughout the interim term.

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