Judge in CFPB Leadership Lawsuit Says He Will Act Quickly
By Lalita Clozel
The federal judge reviewing dueling claims over the interim leadership of the Consumer Financial Protection Bureau said Monday he would act quickly after the Trump administration responds to claims by an Obama-era official that she should be the one running the bureau. “I’ll read the government’s filing when it comes in,” said Judge Timothy J. Kelly, who was nominated by President Donald Trump last summer. “We’ll go from there.” …“People will be sitting in their offices reading things and working on things but [not] doing anything about them,” said Karen Shaw Petrou, managing partner of policy-analysis firm Federal Financial Analytics Inc. “Other than moving the flower pots or changing the coffee in the machine this is a standstill.”