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Senate Confirms Trump Official as Consumer-Finance Regulator – The Wall Street Journal

WASHINGTON—In a party-line vote, the Senate approved Kathy Kraninger on Thursday to run the Consumer Financial Protection Bureau, giving the federal agency, which has been caught in a bitter partisan fight, its first full-time Trump-appointed leader.

Ms. Kraninger, a White House budget official with little experience in financial regulation, will succeed CFPB acting director Mick Mulvaney and is expected to continue changes he introduced easing oversight of financial companies, drawing opposition from Democrats and consumer…

Senate Confirms Trump Official as Consumer-Finance Regulator – The Wall Street Journal}

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