Mulvaney Picks Deputy to Run Consumer Bureau

“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,” the New York Times reports.

“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.”