Republicans are stepping up their efforts to remove Consumer Financial Protection Bureau chief Rich
Cordray could turn over the office coffee machine and the Repugs would want him fired.
Republicans step up effort to oust CFPB chief Cordray
http://money.cnn.com/2017/08/07/news/economy/republcans-cfpb-cordray/index.html?sr=twCNN080717economy0121PMStory
by Chris Isidore and Donna Borak @CNNMoney August 7, 2017: 4:15 PM ET
What is the CFPB?
Republicans are stepping up their efforts to remove Consumer Financial Protection Bureau chief Richard Cordray from office.
Under current law, President Trump does not have the power to remove Cordray from office except for cause, although that provision itself is being challenged in courts. On Friday, a subcommittee of the House Financial Services Committee issued the results of an investigation which recommended that Cordray be found in contempt of Congress, charging that he and the agency had failed to comply with a committee investigation into its rulemaking process.
Given that Republicans control the House, it appears likely that the effort to find him in contempt will pass now that there's a formal recommendation to do so. And such a finding may give Trump grounds to remove Cordray.
In a statement, CFPB spokeswoman Jen Howard said the consumer agency has been " working diligently to comply with the Committee's oversight on a number of fronts."
She said the agency has "produced thousands of pages of documents thus far, and by next week ... We will continue our efforts to understand how we can respond to the Committee in a satisfactory manner."
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