Since the beginning of the Trump administration, the Consumer Financial Protection Bureau has been operating under the direction of Mick Mulvaney, who is also the head of the Office of Management and Budget. He’s deliberately slowed and narrowed the scope of the bureau’s work. Now a new head, Kathleen Kraninger, is likely to be confirmed. She’s a Mulvaney […]
President Donald Trump has nominated a permanent director of the Consumer Financial Protection Bureau, the agency created after the financial crisis. The nominee, Kathy Kraninger, is a federal budget official. We take a look at why the White House chose her and how the bureau has changed since its inception. Click the audio player above […]
The acting director of the Consumer Finance Protection Bureau, Mick Mulvaney, said Tuesday that he wants to cut off public access to a web-based database of complaints about financial companies. The American Bankers Association thinks that’s a fine idea. Consumer advocacy groups, not so much. Click the audio player above to hear the full story.