January 11, 2018: Judge again rules for Trump administration in fight for control of CFPB

Jan 12, 12:00 AM

A federal judge on Wednesday sided with the Trump administration for a second time in a fight for control of the Consumer Financial Protection Bureau, denying a request by a high-ranking agency employee that she be put in charge instead of the White House’s pick. U.S. District Judge Timothy J. Kelly on Wednesday turned down Leandra English’s request for a temporary restraining order that would prevent White House budget director Mick Mulvaney from serving as the CFPB’s acting director. “English has not demonstrated a likelihood of success on the merits or shown that she will suffer irreparable injury absent injunctive relief,” Kelly said in the 46-page ruling. Ethan speaks with Financial Reporter Renae Merle about her article in the Washington Post and why this issue continues despite court rulings. What is the fallout from this politically from both sides of the coin? Find out!