Another article on the prospect of Kraninger as new CFPB head

Following up on Jeff's post from yesterday, Ben White and Katy O'Donnell at Politico write that Mulvaney OMB associate said to be likely pick to head consumer bureauHere is an excerpt:

President Donald Trump is likely to pick Kathy Kraninger, who works under Mick Mulvaney at the White House budget office, as the next director of the Consumer Financial Protection Bureau, a person familiar with the decision said Friday. The selection of Kraninger, an associate director at the Office of Management and Budget, would be a surprise since she had not been widely discussed as a replacement for Mulvaney. … An announcement is expected next week. In her OMB position, Kraninger is responsible for developing the budgets of several agencies, including the Department of Housing and Urban Development. Congress has repeatedly ignored the Trump administration’s requests to slash HUD’s funding, boosting its appropriations instead. Kraninger has held positions with both the House and Senate Appropriations Committees. But she doesn’t have a background in financial policy, which could be a sticking point in her confirmation.


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