washington one powerful democrats u.s. congress tuesday press president-elect donald trump keep consumer financial watchdog agency current director rumor possible termination replacement swirl senate democratic leader chuck schumer tell reporters trump break campaign promise stand workers consumers rig system fire u.s. consumer financial protection bureau cfpb director richard cordray take office friday trump intend keep promise un-rig system would keep rich cordray senator new york say phone call reporters create 2010 dodd-frank wall street reform law cfpb battle sort lenders regulation litigation recently participate settlement well fargo 190 million allegedly create ghost account law president fire agency director cause recent federal court decision say u.s. chief executive able dismiss director decision stay pending appeal want trump wait appeal court fire cordray cause soon become president early full u.s. court appeal district columbia circuit expect announce february whether review case last week trump meet one agency big critics former republican representative randy neugebauer texas frequently mention top choice replace cordray conservatives say neugebauer would limit reach cfpb say go far enough accountability congress control republican party republicans would prefer commission charge agency instead director create enforce rule call reporters schumer characterize possibility make neugebauer director attempt dismantle cfpb inside also call senator elizabeth warren massachusetts say remove cordray would allow trump block cfpb current work rule mandatory arbitration payday lend debt collection democrats like warren come idea agency protect individuals finance 2007-09 crisis say cfpb important guard fraud mortgage student loan consumer products schumer trump n't fire u.s. consumer agency 's head