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Trump reportedly considering Mulvaney to replace Cordray as CFPB director Would serve as interim director

Trump reportedly considering Mulvaney to replace Cordray as CFPB director Would serve as interim director

President Donald Trump is reportedly close to choosing a replacement for Richard Cordray as director of the Consumer Financial Protection Bureau.

According to multiple reports, Trump is circling Mick Mulvaney, who currently serves as director of the Office of Management and Budget and has long been outspoken about his dislike for the CFPB, to replace Cordray as the bureau’s director.

On Wednesday, Cordray announced via an email to CFPB staff that he intends to step down before the end of the month.

That leaves Trump with the chance to remake the controversial regulator and replace Cordray, who Republicans frequently clashed with throughout his tenure, with someone whose views are more closely aligned with the White House and Republicans.

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