Leandra English is leaving her post this week as deputy director of the Consumer Financial Protection Bureau (CFPB) and will drop her lawsuit challenging the hiring of Mick Mulvaney as the CFPB’s acting director.
English was deputy director under director Richard Cordray when he resigned last November. President Donald Trump appointed Mick Mulvaney as acting director, but English filed a suit challenging the appointment because, under Dodd-Frank, which created the CFPB, the deputy director is supposed to serve as acting director until a replacement is found.
In June, Trump nominated Kathy Kraninger to lead the bureau. At a hearing on July 19, the Senate Banking Committee will consider Kraninger’s nomination. With Kraninger’s nomination, English decided to drop the lawsuit and resign from her post.
“Now that President Trump has decided to seek Senate confirmation of a new Director for the independent Consumer Financial Protection Bureau, Ms. English is stepping down, and we intend to file court papers on Monday to bring the litigation to a close,” Deepak Gupta, English’s attorney, said in a statement, according to the Los Angeles Times.
Kraninger works at the Office of Management and Budget as program director.
“I have never worked with a more qualified individual than Kathy. Her commitment to the law, to protecting consumers and to defending what works in our vibrant financial services sector, all while respecting hard-working taxpayers who pay their bills and play by the rules ensures that the bureau will be in good hands throughout her term,” Mulvaney said.