California urges Trump administration to respect consumer board's independence

By Mark Iandolo | Feb 20, 2018

SACRAMENTO, Calif. (Legal Newsline) — California Attorney General Xavier Becerra announced Feb. 7 he has joined a coalition of 17 attorneys general in filing an amicus brief urging the Trump administration to respect the independence of the Consumer Financial Protection Bureau (CFPB).

“President Trump is attempting a hostile and illegal takeover of the Consumer Financial Protection Bureau. He has installed as acting director a man who has consistently sided with Wall Street over Main Street, and hardworking Americans have been suffering as a result,” Becerra said in a statement. 

“In just three months in office, [OMB Director] Mick Mulvaney has rolled back important consumer protections. Enough is enough. We are making clear the Trump administration is not above the law and that the acting director of the CFPB should be Leandra English. The California Department of Justice has proudly worked with and defended this critical agency. We will continue doing so.”

Becerra joined the attorneys general of Washington D.C, Connecticut, Delaware, Hawaii, Illinois, Iowa, Maine, Maryland, Massachusetts, Minnesota, New Mexico, New York, Oregon, Rhode Island, Vermont, and Washington state in the coalition.

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Organizations in this Story

California Department of Justice Consumer Financial Protection Bureau

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