Page 17 - Watchdog Groups News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> major battle brewing on who will read the financial watchdog. the head of financial bureau filing lawsuit after president trump names pick of top agency championed by democrats. live in dc with details and the fight for control. caroline. >> hi, there, todd, this morning we have one too many heads of the consumer protection bureau, english and last night she filed a lawsuit to stop president trump's appointment of his pick, white house director mick mulvaney, appointed by former head and likely follow his lead at going hard at financial institutions pushing for tougher regulations and enfor...

Mulvaney for taking over before then. she was appointed as acting director by former head richard and she would likely follow his lead at going hard at financial institutions pushing for tougher regulations and enforcement with little oversight. head of bureau until friday when he quit. the dodd-frank act that created the agency says it can name successor, hero for some watchdog groups and major target of republicans and the banking industry who say he was completely overstepping his mandates. one of those republican critics has been president trump's pick for the position white house budget d...

Successor. that sounds complicated and we have more on the situation. >> only one head of the cftc usually but now to people claim the title that help to run the bureau for years richard corder was then headed off friday and named his chief of staff as the acting director and that is the proper procedure but he had done billions of dollars from financial-services companies and as a hero of some watchdog groups and targeted republicans in the banking industry after a day overstepped their mandate to likely follow their lead to of this is to president trump has named as the acting director keepi...

Successor. that sounds complicated and we have more on the situation. >> only one head of the cftc usually but now to people claim the title that help to run the bureau for years richard corder was then headed off friday and named his chief of staff as the acting director and that is the proper procedure but he had done billions of dollars from financial-services companies and as a hero of some watchdog groups and targeted republicans in the banking industry after a day overstepped their mandate to likely follow their lead to of this is to president trump has named as the acting director keepi...

>> thank you, sir. >> james, the president setting up a possible legal battle over leadership of the consumer protection bureau. naming mick mulvaney as the acting director for the time being at the current director announced his departure and named his chief of staff as his successor. caroline shively explains. >> there is only one head of the consumer protection bureau, usually care by two people are claiming the title. once help run for years and has called it a joke. richard was the head of the bureau until friday when he quit. and named his chief of staff english as the acting director. t...