In an editorial titled President Cordray Strikes Again. This time, it's the payday lending rule that has the WSJ up in arms. Here's the conclusion:
The recent rule-makings give the President more cause to dismiss the director, and a D.C. Circuit Court of Appeals panel has held that he can be removed at will. Mr. Cordray has appealed the panel’s ruling to the full circuit. If Mr. Cordray doesn’t now leave on his own, will the President have the will to fire him?
When they put it that way, it looks like they are daring the president.