Rutledge Praises Ruling Allowing Mulvaney’s CFPB Appointment
February 2, 2018
Says, ‘The ruling by Judge Kelly is the right decision’
LITTLE ROCK – Arkansas Attorney General Leslie Rutledge today sent a letter to President Donald J. Trump in support of Office of Management and Budget Director Mick Mulvaney’s appointment to lead the Consumer Financial Protection Bureau (CFPB). U.S. District Court Judge Timothy J. Kelly denied the temporary restraining order seeking to prevent Mulvaney from serving as the head of the CFPB.
“The ruling by Judge Kelly is the right decision and will move the CFPB forward,” said Attorney General Rutledge. “The CFPB has a history of federal overreach and a blatant disregard for the rule of law, but I am confident that Director Mulvaney’s leadership will ensure that the bureau focuses on genuinely protecting consumers within the confines of the law.”
“We believe the bureau, consumers, and the industry leaders can and will unite behind the new director to help achieve the common goals of encouraging innovation in the industry, penalizing those who do harm, and working together to find solutions to important financial issues,” the attorneys general wrote.
In addition to Rutledge, the letter, which was led by South Carolina Attorney General Alan Wilson, was signed by attorneys general from Alabama, Georgia, Louisiana and Texas.