Following Richard Cordray’s resignation at the Consumer Financial Protection Bureau, a surreal fight over leadership occurred for about 24 hours between the Trump administration and liberal activists led by Sen. Elizabeth Warren (D-Mass.). Ultimately the courts sided with the Trump administration, at least through the first round of legal challenges.
Their ruling allows Mick Mulvaney to serve as interim CFPB director while simultaneously running the Office of Management and Budget. It's now up to the Trump administration to appoint a long-term successor to lead the agency.
Here’s an idea that solves two problems for the administration at once.
President Trump can move his existing choice to run the Export-Import (Ex-Im) Bank, former Congressman Scott Garrett (R-N.J.), instead nominating him to take over for Cordray at CFPB. This idea is gaining steam in conservative circles, as influential radio host Hugh Hewitt suggested the idea recently.
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