Firing Richard Cordray
Trump will have ample cause to fire the rogue financial regulator.
Donald Trump has experience firing subordinates, sometimes even without television cameras around, and we’re nominating his next candidate: Richard Cordray, director of the Consumer Financial Protection Bureau (CFPB), whose lawless and unprofessional agency deserves a dose of political accountability.
For several weeks the press has pondered whether Mr. Trump will or even can dismiss Mr. Cordray. The 2010 Dodd-Frank Act said the President can only remove a director for “inefficiency, neglect of duty or malfeasance in...