trending Market Intelligence /marketintelligence/en/news-insights/trending/dzdxo2evyqmsct960j1vqg2 content esgSubNav
In This List

Trump to nominate budget official to lead consumer protection agency

Blog

Banking Essentials Newsletter: 17th April Edition

Blog

Japan M&A By the Numbers: Q4 2023

Blog

Banking Essentials Newsletter: 7th February Edition

Blog

Insurance Underwriting Transformed How Insurers Can Harness Probability of Default Models for Smarter Credit Decisions


Trump to nominate budget official to lead consumer protection agency

President Donald Trump intends to nominate Kathy Kraninger, an associate director at the Office of Management and Budget, to be director of the Consumer Financial Protection Bureau, The Wall Street Journal reported June 16, citing a White House spokesperson.

If nominated and approved by the Senate, Kraninger would succeed Mick Mulvaney, the head of the Office of Management and Budget who has been interim CFPB director since November 2017.

Mulvaney's term at the head of the consumer protection agency, which was created by the Dodd-Frank Act, was set to expire June 22.