A district court judge has denied an attempt to unseat Mick Mulvaney as acting director of the Consumer Financial Protection Bureau.
U.S. District Judge Timothy J. Kelly on Wednesday refused to grant Leandra English, the CFPB's deputy director, a preliminary injunction against Mulvaney's appointment, saying her suit was unlikely to succeed and she is unable to demonstrate irreparable harm.
"English has not demonstrated a likelihood of success on the merits or shown that she will suffer irreparable injury absent injunctive relief," Kelly wrote in the 46-page opinion.
English sued in late November, arguing that she should be acting director of the bureau because of the way the Dodd-Frank Act was worded. But Kelly said she had not met the legal burden and that replacing Mulvaney would disrupt the status quo.
Read more in American Banker.