Fmr CFPB Director Richard Cordray: New Director Shouldn’t Be Decided By ‘Tweets and Insults’

Former CFPB Director Richard Cordray on who should run the agency: “The law is clear here … it shouldn’t be decided by name calling and tweets and insults” pic.twitter.com/wWa9ACSvXM

— MSNBC (@MSNBC) November 28, 2017

There has been a lot of controversy over who is the rightful heir director of the Consumer Financial Protection Bureau.

President Trump recently announced that the newly vacant seat would go to his current Office of Management and Budget Mick Mulvaney, but many have pushed back saying the job legally belongs to the current Deputy Director of the CFPB Leandra English.

Richard Cordray, who just stepped down as the CFPB director, appeared on MSNBC to weigh in on the dustup.

When asked if English should walk into the CFPB tomorrow as the acting director or stay away, Cordray didn’t exactly choose one over the other but did express his support for her.

“The law is clear here,” Cordray told Rachel Maddow. “It says that the director, which was me on Friday, shall appoint a deputy director. I did that. It then says very clearly and simply that… if there’s an absence or an unavailability of the director, the deputy director becomes the acting director. That’s what Ms. English has now done.”

He did concede that there are conflicting laws that are causing the confusion, adding that it should be handled in the courts.

“This is the type of disagreement that involves two different laws. They conflict with one another,” Cordray continued. “The right place to hash that out is in the courts, which it is right now. It shouldn’t be decided by name calling and tweets and insults. It should be decided by people presenting their arguments and a judge thinking it over.”

Watch it above, via MSNBC.

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