White House Confirms That Mulvaney Deputy Is Pick to Lead Consumer Bureau
By Glenn Thrush
June 16, 2018
WASHINGTON — Mick Mulvaney, the White House budget director and acting head of the Consumer Financial Protection Bureau, has picked a deputy at the budget office, Kathy Kraninger, to succeed him at the consumer watchdog agency, a White House spokeswoman confirmed on Saturday.
The choice of Ms. Kraninger, who oversees the preparation of the budgets for cabinet departments, generated immediate opposition, with critics pointing to her inexperience in consumer and financial services issues and her association with Mr. Mulvaney. She was selected over the objection of some White House officials, who argued that her nomination could founder.
“The president intends to nominate Kathy Kraninger” as the new head of the consumer bureau, which was created under the Obama administration to curb abuses by banks, the payday lending industry and other financial services companies, Lindsay Walters, a White House spokeswoman, said in a statement. Word of Ms. Kraninger’s likely appointment was first reported on Friday.
On Saturday, White House officials played down the fact that she has never held a job as a regulator or worked in the financial services industry. “She will bring a fresh perspective and much-needed management experience” to the agency, Ms. Walters said, “which has been plagued by excessive spending, dysfunctional operations, and politicized agendas.” The Trump administration has criticized the consumer bureau’s aggressive regulatory posture under its Obama-appointed director, Richard Cordray.
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Another administration official, who requested anonymity because he was not authorized to speak publicly on the matter, said Mr. Mulvaney had picked Ms. Kraninger because she was seen as more palatable, particularly to Democrats, than another candidate, Todd J. Zywicki, a conservative professor at George Mason.
Mr. Trump intends to officially nominate Ms. Kraninger this coming week and “hopes that she will be promptly confirmed by the Senate,” Ms. Walters said.
https://www.nytimes.com/2018/06/16/us/politics/kraninger-consumer-financial-bureau.html?hp&action=click&pgtype=Homepage&clickSource=story-heading&module=first-column-region®ion=top-news&WT.nav=top-news
I would like to remind everyone.................that George Mason University----------------has programs funded by the Koch empire including the George Mason University’s Antonin Scalia Law School
https://www.nytimes.com/2018/05/05/us/koch-donors-george-mason.html
And then there is Andrew Olmem
https://www.citizenvox.org/2017/06/01/trump-ethics-rules-no-inconvenience-waived-aside/
https://www.opensecrets.org/revolving/indus.php?id=78014
She is not qualified to be nominated for this position....................none..............
November 2018 cannot get here fast enough
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