Posted on 06/16/2018 3:46:13 PM PDT by caww
President Trump will nominate budget aide Kathy Kraninger to be the director of the Consumer Financial Protection Bureau, a White House official said Saturday.
If confirmed, she will replace Mick Mulvaney, Trump’s budget director who has been running the watchdog agency on an acting basis.
A White House representative said that Kraninger “will bring a fresh perspective and much-needed management experience to the BCFP, which has been plagued by excessive spending, dysfunctional operations, and politicized agendas.”
. Last week, Mulvaney told reporters that he expected to remain at the agency until well into the fall, given the slow pace of Senate confirmations.
The White House statement described Kraninger as a “staunch supporter of free enterprise” who would further the reforms begun by Mulvaney. In his half year-plus at the agency, Mulvaney has sought to refocus the CFPB, as it has been known, from aggressively policing markets to, instead, easing regulatory burdens. His moves have provoked outcries from Democrats in Congress, who have accused him of doing favors for banks, payday lenders, and other financial firms overseen by the bureau.
(Excerpt) Read more at washingtonexaminer.com ...
Due to that TURD Mc CONnel, the confirmation process is stalled. He can change the rules to expedite it. I hope he chokes on some c^**.
This seems like another good and sound choice by our President !
Do you have more background on her?
I dont know why Mulvaney is being replaced but anyone who moves in the night before, replaces the locks and laughs at the former obama minion/idiot who wanted to be “head for life” of the BCFP, looks to be doing a good job.
An unconstitutional agency that should be abolished. This is nonsense. Trump should flatly refuse to nominate anyone as head and demand congress abolish it.
“”Consumer Financial Protection Bureau””
Just close it down...brainchild of Elizabeth Warren and obozo. Don’t need it!!!! I’ve never seen any follow up to the problem of not being able to occupy the building! CLOSE IT!
“”An unconstitutional agency that should be abolished. This is nonsense. Trump should flatly refuse to nominate anyone as head and demand congress abolish it.””
ABSOLUTELY!!!!
No, don’t shut it down, I got one better, this board has direct access to the Treasury for funds. Good! Use it to foster micro and larger small business loans to places like Baltimore, Detroit, Camden NJ etc and watch Lizzy and BHO blow a head gasket, that would be worth the price of admission, to take a program that was to be a Soviet punishing organization to funnel money to community organizers, to one that provides seed corn to the community to be self sufficient and start a business.
I can’t imagine anyone being better than Mulvaney at what he has been doing at the BCFP, but whatever.
Remember he’s already got a job. I think it’s Dorector of the Office of Management and Budget
Why not just do away with it?
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