Con­sumer watch­dog fi­nally has new boss

Richmond Times-Dispatch - - REMEMBERING -

NEW YORK — The Se­nate has ap­proved Pres­i­dent Don­ald Trump’s nom­i­nee to run the Con­sumer Fi­nan­cial Pro­tec­tion Bureau, af­ter a nearly six-month, highly par­ti­san bat­tle over the fate of the fed­eral con­sumer watch­dog agency.

The vote was 50-49 in fa­vor of Kathy Kraninger, who cur­rently works in the White House bud­get of­fice. Kraninger has no ex­pe­ri­ence in fi­nan­cial ser­vices and had never run a fed­eral agency be­fore, a crit­i­cism that at once made Democrats hos­tile to her nom­i­na­tion.

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