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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Mulvaney Proposes Congressional Oversight of Consumer Financial Protection Bureau

President Trump’s acting head of a federal consumer bureau proposed Monday to bring congressional oversight to the Obama-era agency that’s often criticized for its far-reaching regulating of the lending industry. Mick Mulvaney, installed by Mr. Trump late last year to run the Consumer Financial Protection Bureau, said the agency should…

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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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Repealing Obamacare’s Individual Mandate Won’t Cause Doomsday Democrats Promise

If Congress moves forward with repealing Obamacare’s individual mandate through tax reform, it would likely not lead to the coverage losses that some of the program’s supporters tout. The Senate is currently proposing repealing the Affordable Care Act’s mandate that all Americans purchase health insurance or pay a penalty through…

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