U.S. Markets closed

The government agency in a tug-of-war leadership fight

The U.S. consumer watchdog agency, enmeshed in partisan politics since its creation after the 2008 financial crisis, is now at the center of a tug-of-war over who will lead it. Both the departing director — an Obama appointee often criticized as being too aggressive by banks and Congressional Republicans — and the White House have named interim leaders of the Consumer Financial Protection Bureau.