Democratic Senators oppose Mulvaney freeze on payments from CFPB civil penalty fund/English reported to urge continued enforcement activity

Ballard Spahr LLP
Contact

At a press conference on November 27, Mick Mulvaney, President Trump’s designee for CFPB Acting Director, is reported to have announced that he has placed a 30-day freeze on all regulatory action, CFPB hiring, and payments from the civil penalty fund.  However, it has been reported that last Thursday, November 30, Leandra English, who has filed a lawsuit challenging Mr. Mulvaney’s right to serve as Acting Director, sent an email to CFPB staff in which she urged them to continue working on pending enforcement actions and indicated that December reports were still due.

On Friday, December 1, Democratic Senators Elizabeth Warren and Sherrod Brown sent a letter to Mr. Mulvaney and Leandra English asserting that Ms. English has the legal right to serve as Acting Director and raising concerns about Mr. Mulvaney’s freeze on payments from the civil penalty fund. They comment that while Mr. Mulvaney reportedly has stated that there would be exceptions to the freeze, “the vague ‘exceptions’ promised by Mr. Mulvaney smack of capriciousness.”

In addition to urging Ms. English and Mr. Mulvaney to continue administering the fund, they ask a series of questions to which answers are requested by December 5.  The questions concern the details of the freeze, its impact, and the nature of any exceptions.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Ballard Spahr LLP | Attorney Advertising

Written by:

Ballard Spahr LLP
Contact
more
less

PUBLISH YOUR CONTENT ON JD SUPRA NOW

  • Increased visibility
  • Actionable analytics
  • Ongoing guidance

Ballard Spahr LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide