Diaz Quoted in RESPA News on Mulvaney's Status with the CFPB

RESPA News consulted Hahn Loeser partner Derek Diaz about how long Mick Mulvaney can serve as acting director of the Consumer Financial Protection Bureau (CFPB) under the Federal Vacancies Reform Act (FVRA).

Preview

When President Donald Trump appointed Mick Mulvaney to work at the Consumer Financial Protection Bureau (CFPB) as its acting director under the Federal Vacancies Reform Act (FVRA), the move was expected to be a place-holder until a full-time director could be nominated.

But what if the president’s plan was to keep Mulvaney at the CFPB as long as possible, without having to be confirmed by the Senate? How long could an acting director be an acting director under the FVRA?

Hint: The answer is likely much longer than you think. RESPA News consulted with Hahn Loeser & Parks, LLP Partner Derek Diaz about how long Mulvaney could stay in place. Read on for the findings.

 

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