(CNN) Over the holiday weekend, a scramble over who's in charge of the Consumer Financial Protection Bureau has been unfolding. Richard Cordray, the director of the CFPB, a consumer watchdog agency, resigned Friday and named his chief of staff, Leandra English, as deputy director, essentially establishing her as the bureau's acting director. But shortly after, President Trump named Mick Mulvaney as CFPB's acting director. The two conflicting appointments sparked confusion over who will be in charge when employees return to work Monday. What is the CFPB? What do they do? The Consumer Financial Protection Bureau is tasked with overseeing financial institutions, monitoring markets and protecting consumers from financial fraud.CFPB's director resigned, leading to dueling appointments for agency's acting directorIts exiting director and Trump have both named different people for interim successor
Cordray was _'s first chief, having served since his 2012 appointment by Obama.