District Court Hearing on Friday on English PI Motion for Control of CFPB as White House and Treasury are Said to Fight Over the Bureau’s Role

The American Banker''s Kate Berry has a report on the hearing here; it is not optimistic about English's chances. Meanwhile, the WSJ has a story headlined The Internal Divide Behind Trump’s Takeover of Consumer Watchdog about how White House conservatives want to dismantle the Bureau while the Treasury sees a role for the Bureau. Mulvaney's appointment is seen as a victory for those who oppose the Bureau.

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