Trump to nominate Office of Management official to lead govt’s consumer watchdog

Vastavam web: President Donald Trump intends to nominate an associate director at the Office of Management and Budget to lead the government’s consumer watchdog agency, the White House has announced.Spokeswoman Lindsay Walters yesterday said that Kathy Kraninger “will bring a fresh perspective and much-needed management experience” to the Consumer Financial Protection Bureau, which the administration has been trying to rebrand as the Bureau of Consumer Financial Protection.

Since then, Mulvaney has steered the bureau in a more industry-friendly direction.In her statement, Walters said the agency had been “plagued by excessive spending, dysfunctional operations, and politicized agendas” in the past and that Kraninger would continue to implement the policies Mulvaney put in place.
The Senate must confirm her nomination.