Trump Taps Kraninger for Consumer Protection Post

Kathy Kraninger

President Donald Trump plans to nominate Kathy Kraninger, associate director of the Office of Management and Budget, to head the Consumer Financial Protection Bureau, which seeks to prevent financial abuses to consumers. In a statement Saturday, the White House said Kraninger would continue the efforts of the current CFPB chief,…

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Mick Mulvaney Looks for More Trump Appointees to Help Him ‘Refocus’ Consumer Bureau

Interim Consumer Financial Protection Bureau Director Mick Mulvaney said Thursday that he wants to bring more Trump political appointees on board at the agency as he pores over its books and considers halting dozens of pending cases targeting businesses. “We’re trying to get help over here,” Mr. Mulvaney told The…

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Commentary: Agency Accountablity Act Would Reclaim Constitutional Authority Congress Ceded to Consumer Financial Protection Bureau and Other Regulators

Congress’ power of the purse is one of its bedrock responsibilities listed in Article 1 of the Constitution. The Supreme Court has reaffirmed this power on several occasions, including in a 1976 case when the Court declared, “The established rule is that the expenditure of public funds is proper only…

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EXCLUSIVE: Gravy Train Flows Wide And Deep At Elizabeth Warren’s Consumer Agency

Elizabeth Warren

Pay is flowing so generously at the Consumer Financial Protection Bureau (CFPB) that bureaucrats receive more than most members of Congress. The Senate majority and minority leaders are paid $193,000 annually. Two hundred and one CFPB employees outdo Sens. Mitch McConnell and Charles Schumer in pay. Speaker of the House…

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