Democrats have called Kathy Kraninger unqualified to lead the watchdog agency.
The Goldman CEO announced his retirement effective Sept. 30.
Leandra English's resignation eliminates a major headache for the Trump administration.
A Securities and Exchange Commission investigation into Facebook's sharing of data with political consultancy Cambridge Analytica could put every public utterance on the issue by company executives, including CEO Mark Zuckerberg, under close examination.
A New York federal judge ruled Thursday that the watchdog agency should be eliminated.
Democrats are digging in to block the nominee, hoping to check Trump’s plan to remake the CFPB.
Kraninger is an unexpected choice for the position. She works closely with Mick Mulvaney at the OMB, but has never served as a banking regulator.
Joseph Otting, comptroller of the currency, is leading an effort to revamp the Community Reinvestment Act, which penalizes banks that discriminate against borrowers.
Equifax has received the most complaints, 83,252. Its political action committee contributed $5,000 to Mulvaney, according to a new report by Public Citizen.