General Richard Cordray is defending his decision and to appoint his replacement. Cordray, who is a former Ohio attorney general and an expected candidate for governor, appointed his deputy director to take the interim position.
Talking on NPR鈥檚 Morning Edition today, Cordray addressed concerns that his actions were political.
鈥淪o the mission of the (Consumer Financial Protection) Bureau is to stand up on the side of consumers and see that they鈥檙e treated fairly. I think that is a pretty uncontroversial mission. It鈥檚 been made controversial by some but I think it鈥檚 an important mission. It keeps the financial companies honest. They鈥檙e doing very well if they serve their customers well and that鈥檚 exactly what the consumer bureau is working with them to do.鈥�
The White House has appointed the head of the , Mick Mulvaney, as the temporary head. Cordray鈥檚 pick Leandra English has filed suit challenging the move by the Trump administration.
