Se­nate approves Trump’s pick for con­sumer pro­tec­tion agency

The Arizona Republic - - Life -

In a 50-49 party-line vote, the Se­nate ap­proved Pres­i­dent Don­ald Trump’s nom­i­nee to run the Con­sumer Fi­nan­cial Pro­tec­tion Bureau on Thurs­day, end­ing a six-month bat­tle.

Kathy Kraninger, a mid-level of­fi­cial in the White House’s bud­get of­fice, has no ex­pe­ri­ence in fi­nan­cial ser­vices and has never run a fed­eral agency be­fore, a crit­i­cism that made Democrats hos­tile to her nom­i­na­tion since day one.

The bureau, long a tar­get of Repub­li­cans, has scaled back its en­force­ment ef­forts un­der act­ing di­rec­tor Mick Mul­vaney.

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